TECTONA GRANDIS, THE LEES, CHALLOCK, ASHFORD, TN25 4BP - £580,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

TECTONA GRANDIS is a midsized detached house of 154m², built in 2020. It was last sold for £580,000 in January 2022, which was around 10% above the average January 2022 detached price in the Ashford local authority area. The most recent EPC inspection was April 2020, where the current energy rating was B, and the potential energy rating was A.

TECTONA GRANDIS Sold Prices

Land registry data shows two sales for TECTONA GRANDIS 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 TECTONA GRANDIS sales was for above the average price, whilst the other was for below 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 4 JAN	£580,000	£527,037	10% above HPI
2019 6 SEP	£345,000	£467,723	26% below HPI

TECTONA GRANDIS 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 TECTONA GRANDIS sales from September 2019 and January 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 September 2019 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the January 2022 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is TECTONA GRANDIS?

TECTONA GRANDIS is 154m² according to the EPC inspection conducted in April 2020. This puts it in the largest 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 TECTONA GRANDIS lies on this distribution: 51% of detached houses are smaller than TECTONA GRANDIS, and 49% of houses are larger. Note that EPC data is not available for all properties in Challock.

TECTONA GRANDIS: Plot and Title Map

TECTONA GRANDIS sits on a plot of roughly 0.206 of an acre, or 834m². The below map shows the location of TECTONA GRANDIS, 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 TECTONA GRANDIS). 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 TECTONA GRANDIS?

TECTONA GRANDIS is located on THE LEES in CHALLOCK, in the TN25 postcode district. The below map shows the position of TECTONA GRANDIS on THE LEES.