1, THE ORCHIDS, MERSHAM, ASHFORD, TN25 6PQ - £500,000

1 THE ORCHIDS is a small detached house of 130m², built sometime between 1996 and 2002. It was last sold for £500,000 in October 2020, which was around 2% above the average October 2020 detached price in the Ashford local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

1 THE ORCHIDS Sold Prices

Land registry data shows two sales for 1 THE ORCHIDS 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 1 THE ORCHIDS 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
2020 9 OCT	£500,000	£489,748	2% above HPI
1997 10 OCT	£142,000	£116,155	22% above HPI

1 THE ORCHIDS 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 1 THE ORCHIDS sales from October 1997 and October 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 October 1997 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the October 2020 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 1 THE ORCHIDS?

1 THE ORCHIDS is 130m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 40% of detached houses in Mersham, based on EPC data. The below chart shows the distribution of detached houses by size in Mersham, and where 1 THE ORCHIDS lies on this distribution: 30% of detached houses are smaller than 1 THE ORCHIDS, and 67% of houses are larger. Note that EPC data is not available for all properties in Mersham.

1 THE ORCHIDS: Plot and Title Map

1 THE ORCHIDS sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of 1 THE ORCHIDS, 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 1 THE ORCHIDS). 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 1 THE ORCHIDS?

1 THE ORCHIDS is located in MERSHAM, in the TN25 postcode district. The below map shows the position of No. 1 on THE ORCHIDS.