TWO CHIMNEYS, NORTHBROOKE LANE, ASHFORD, TN24 8JE - £425,000

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

TWO CHIMNEYS is a small extended detached house of 101m², built sometime between 1976 and 1982. It was last sold for £425,000 in September 2020, which was around 11% below the average September 2020 detached price in the Ashford local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

TWO CHIMNEYS Sold Prices

Land registry data shows three sales for TWO CHIMNEYS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ashford local authority area for the corresponding sale date. All of the three TWO CHIMNEYS 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
2020 30 SEP	£425,000	£477,047	11% below HPI
1999 16 AUG	£125,000	£137,784	9% below HPI
1996 1 JUL	£77,000	£96,663	20% below HPI

TWO CHIMNEYS 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 three TWO CHIMNEYS sales between July 1996 and September 2020 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 1999 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is TWO CHIMNEYS?

TWO CHIMNEYS is 101m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% of detached houses in Ashford, based on EPC data. The below chart shows the distribution of detached houses by size in Ashford, and where TWO CHIMNEYS lies on this distribution: 34% of detached houses are smaller than TWO CHIMNEYS, and 65% of houses are larger. Note that EPC data is not available for all properties in Ashford.

TWO CHIMNEYS: Plot and Title Map

TWO CHIMNEYS sits on a plot of roughly 0.236 of an acre, or 956m². The below map shows the location of TWO CHIMNEYS, 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 TWO CHIMNEYS). 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 TWO CHIMNEYS?

TWO CHIMNEYS is located on NORTHBROOKE LANE in ASHFORD, in the TN24 postcode district. The below map shows the position of TWO CHIMNEYS on NORTHBROOKE LANE.