THE CHIMES, VICARAGE LANE, ASHFORD, TN23 1NJ - £445,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE CHIMES is a very large extended detached house of 181m², built sometime between 1991 and 1995, which could now be worth an estimated £601,090. It was last sold for £445,000 in April 2016, which was around 9% above the average April 2016 detached price in the Ashford local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.

THE CHIMES Sold Prices

Land registry data shows four sales for THE CHIMES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Ashford local authority area for the corresponding sale date. All of the four THE CHIMES 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 29 APR	£445,000	£409,788	9% above HPI
2000 29 AUG	£235,000	£168,954	39% above HPI
1998 27 NOV	£193,000	£127,068	52% above HPI
1997 30 MAY	£170,000	£114,371	49% above HPI

THE CHIMES 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 four THE CHIMES sales between May 1997 and April 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 August 2000 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the April 2016 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might THE CHIMES be worth now?

THE CHIMES might now be worth an estimated £601,090.

This is based on house price inflation of 35.1%, between April 2016 and December 2024, for 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 35.1% inflationary increase is applied to the most recent sale price for THE CHIMES of £445,000 on 29th April 2016. For the value to have increased from £445,000 to £601,090 over the seven years and four months to December 2024, the following assumptions must hold true:

• The value of THE CHIMES has moved in line with the HPI for detached houses in the Ashford local authority area.
• The April 2016 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of THE CHIMES has not materially changed since April 2016.

How Large is THE CHIMES?

THE CHIMES is 181m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 10% of detached houses houses in Ashford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashford, and where THE CHIMES lies on this distribution: 94% of detached houses houses are smaller than THE CHIMES, and 6% of houses are larger. Note that EPC data is not available for all properties in Ashford.

THE CHIMES: Plot and Title Map

THE CHIMES sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of THE CHIMES, 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 THE CHIMES). 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 THE CHIMES?

THE CHIMES is located on VICARAGE LANE in ASHFORD, in the TN23 postcode district. The below map shows the position of THE CHIMES on VICARAGE LANE.