THE CORNER, BOWER ROAD, MERSHAM, ASHFORD, TN25 6NJ - £500,000

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

THE CORNER is a midsized extended detached house of 152m², built sometime between 1950 and 1966. It was last sold for £500,000 in April 2021, which was around 4% above the average April 2021 detached price in the Ashford local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

THE CORNER Sold Prices

Land registry data shows two sales for THE CORNER 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 THE CORNER 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
2021 1 APR	£500,000	£482,747	4% above HPI
2017 9 JAN	£366,000	£430,519	15% below HPI

THE CORNER 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 THE CORNER sales from January 2017 and April 2021 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 January 2017 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is THE CORNER?

THE CORNER is 152m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 50% of detached houses in Mersham, based on EPC data. The below chart shows the distribution of detached houses by size in Mersham, and where THE CORNER lies on this distribution: 43% of detached houses are smaller than THE CORNER, and 57% of houses are larger. Note that EPC data is not available for all properties in Mersham.

THE CORNER: Plot and Title Map

THE CORNER sits on a plot of roughly 0.223 of an acre, or 901m². The below map shows the location of THE CORNER, 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 CORNER). 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 CORNER?

THE CORNER is located on BOWER ROAD in MERSHAM, in the TN25 postcode district. The below map shows the position of THE CORNER on BOWER ROAD.