ROWAN TREE, CAGE LANE, SMARDEN, ASHFORD, TN27 8QD - £335,000

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

ROWAN TREE is a very small detached house of 76m², built sometime between 1950 and 1966. It was last sold for £335,000 in July 2018, which was around 27% below the average July 2018 detached price in the Ashford local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

ROWAN TREE Sold Prices

Land registry data shows two sales for ROWAN TREE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ashford local authority area for the corresponding sale date. One of the two ROWAN TREE sales was for below the average price, whilst the other was 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
2018 24 JUL	£335,000	£459,172	27% below HPI
1997 25 JUL	£127,000	£115,791	10% above HPI

ROWAN TREE 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 two ROWAN TREE sales from July 1997 and July 2018 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 July 1997 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2018 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is ROWAN TREE?

ROWAN TREE is 76m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% of detached houses in Smarden, based on EPC data. The below chart shows the distribution of detached houses by size in Smarden, and where ROWAN TREE lies on this distribution: 2% of detached houses are smaller than ROWAN TREE, and 96% of houses are larger. Note that EPC data is not available for all properties in Smarden.

ROWAN TREE: Plot and Title Map

ROWAN TREE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of ROWAN TREE, 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 ROWAN TREE). 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 ROWAN TREE?

ROWAN TREE is located on CAGE LANE in SMARDEN, in the TN27 postcode district. The below map shows the position of ROWAN TREE on CAGE LANE.