THE ROWANS, BUCK STREET, CHALLOCK, ASHFORD, TN25 4AR - £462,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE ROWANS is a very small detached house of 98m², built sometime between 1967 and 1975, which could now be worth an estimated £551,809. It was last sold for £462,000 in February 2019, which was around 2% below the average February 2019 detached price in the Ashford local authority area. The most recent EPC inspection was August 2018, where the current energy rating was F, and the potential energy rating was C.

THE ROWANS Sold Prices

Land registry data shows two sales for THE ROWANS 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. Both of the two THE ROWANS sales were 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
2019 1 FEB	£462,000	£470,347	2% below HPI
2000 18 AUG	£159,950	£168,954	5% below HPI

THE ROWANS 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 ROWANS sales from August 2000 and February 2019 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 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2019 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might THE ROWANS be worth now?

THE ROWANS might now be worth an estimated £551,809.

This is based on house price inflation of 19.4%, between February 2019 and February 2025, 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 19.4% inflationary increase is applied to the most recent sale price for THE ROWANS of £462,000 on 1st February 2019. For the value to have increased from £462,000 to £551,809 over the six years to February 2025, the following assumptions must hold true:

• The value of THE ROWANS has moved in line with the HPI for detached houses in the Ashford local authority area.
• The February 2019 sale price of £462,000 represented a fair market value for the property.
• The size, condition, and specification of THE ROWANS has not materially changed since February 2019.

How Large is THE ROWANS?

THE ROWANS is 98m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 10% of detached houses houses in Challock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Challock, and where THE ROWANS lies on this distribution: 8% of detached houses houses are smaller than THE ROWANS, and 92% of houses are larger. Note that EPC data is not available for all properties in Challock.

THE ROWANS: Plot and Title Map

THE ROWANS sits on a plot of roughly 0.346 of an acre, or 1,400m². The below map shows the location of THE ROWANS, 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 ROWANS). 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 ROWANS?

THE ROWANS is located on BUCK STREET in CHALLOCK, in the TN25 postcode district. The below map shows the position of THE ROWANS on BUCK STREET.