PROSPECT HOUSE, CANTERBURY ROAD, CHALLOCK, ASHFORD, TN25 4BB - £615,000

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

PROSPECT HOUSE is a midsized extended detached house of 150m², built sometime before 1900. It was last sold for £615,000 in July 2017, which was around 38% above the average July 2017 detached price in the Ashford local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

PROSPECT HOUSE Sold Prices

Land registry data shows five sales for PROSPECT HOUSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Ashford local authority area for the corresponding sale date. All of the five PROSPECT HOUSE 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
2017 12 JUL	£615,000	£444,888	38% above HPI
2013 6 NOV	£500,000	£342,820	46% above HPI
2008 19 MAY	£495,000	£325,877	52% above HPI
2000 7 JAN	£195,000	£144,912	35% above HPI
1999 7 MAY	£169,950	£127,675	33% above HPI

PROSPECT HOUSE 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 five PROSPECT HOUSE sales between May 1999 and July 2017 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 November 2013 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the July 2017 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is PROSPECT HOUSE?

PROSPECT HOUSE is 150m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 50% of detached houses in Challock, based on EPC data. The below chart shows the distribution of detached houses by size in Challock, and where PROSPECT HOUSE lies on this distribution: 48% of detached houses are smaller than PROSPECT HOUSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Challock.

PROSPECT HOUSE: Plot and Title Map

PROSPECT HOUSE sits on a plot of roughly 0.571 of an acre, or 2,312m². The below map shows the location of PROSPECT HOUSE, 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 PROSPECT HOUSE). 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 PROSPECT HOUSE?

PROSPECT HOUSE is located on CANTERBURY ROAD in CHALLOCK, in the TN25 postcode district. The below map shows the position of PROSPECT HOUSE on CANTERBURY ROAD.