PINES, WESTWELL LANE, ASHFORD, TN26 1JA - £365,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

PINES is a small extended semi-detached house of 127m², built sometime between 1930 and 1949, which could now be worth an estimated £475,184. It was last sold for £365,000 in October 2016, which was around 38% above the average October 2016 semi-detached price in the Ashford local authority area. The most recent EPC inspection was January 2009, where the current energy rating was C, and the potential energy rating was C.

PINES Sold Prices

Land registry data shows three sales for PINES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Ashford local authority area for the corresponding sale date. All of the three PINES 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
2016 21 OCT	£365,000	£264,219	38% above HPI
2001 20 DEC	£142,500	£113,398	26% above HPI
1999 15 OCT	£90,000	£83,423	8% above HPI

PINES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Ashford local authority area over time, sourced from the HPI. The three PINES sales between October 1999 and October 2016 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 December 2001 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2016 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might PINES be worth now?

PINES might now be worth an estimated £475,184.

This is based on house price inflation of 30.2%, between October 2016 and February 2025, for semi-detached houses, in the Ashford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.2% inflationary increase is applied to the most recent sale price for PINES of £365,000 on 21st October 2016. For the value to have increased from £365,000 to £475,184 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of PINES has moved in line with the HPI for semi-detached houses in the Ashford local authority area.
• The October 2016 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of PINES has not materially changed since October 2016.

How Large is PINES?

PINES is 127m², which includes one extension, according to the EPC inspection conducted in January 2009. This puts it in the smallest 40% of semi-detached houses houses in Potters Corner, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Potters Corner, and where PINES lies on this distribution: 31% of semi-detached houses houses are smaller than PINES, and 69% of houses are larger. Note that EPC data is not available for all properties in Potters Corner.

PINES: Plot and Title Map

PINES sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of PINES, 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 PINES). 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 PINES?

PINES is located on WESTWELL LANE in ASHFORD, in the TN26 postcode district. The below map shows the position of PINES on WESTWELL LANE.