PALACE CORNER, THE HILL, CHARING, ASHFORD, TN27 0LU - £955,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

PALACE CORNER is a large extended detached house of 192m², built sometime between 1930 and 1949. It was last sold for £955,000 in November 2022, which was around 71% above the average November 2022 detached price in the Ashford local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

PALACE CORNER Sold Prices

Land registry data shows three sales for PALACE CORNER since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ashford local authority area for the corresponding sale date. All of the three PALACE CORNER sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 8 NOV	£955,000	£557,025	71% above HPI
2014 24 OCT	£499,999	£360,019	39% above HPI
2009 28 AUG	£495,000	£287,761	72% above HPI

PALACE CORNER Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashford local authority area over time, sourced from the HPI. The three PALACE CORNER sales between August 2009 and November 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2014 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the November 2022 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

How Large is PALACE CORNER?

PALACE CORNER is 192m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 40% of detached houses in Charing, based on EPC data. The below chart shows the distribution of detached houses by size in Charing, and where PALACE CORNER lies on this distribution: 64% of detached houses are smaller than PALACE CORNER, and 36% of houses are larger. Note that EPC data is not available for all properties in Charing.

PALACE CORNER: Plot and Title Map

PALACE CORNER sits on a plot of roughly 0.365 of an acre, or 1,477m². The below map shows the location of PALACE CORNER, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of PALACE CORNER). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is PALACE CORNER?

PALACE CORNER is located on THE HILL in CHARING, in the TN27 postcode district. The below map shows the position of PALACE CORNER on THE HILL.