48, OXEN LEASE, ASHFORD, TN23 4YT - £230,000

48 OXEN LEASE is a very small detached house of 75m², built sometime between 1983 and 1990. It was last sold for £230,000 in September 2015, which was around 40% below the average September 2015 detached price in the Ashford local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

48 OXEN LEASE Sold Prices

Land registry data shows two sales for 48 OXEN LEASE 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 48 OXEN LEASE 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
2015 4 SEP	£230,000	£385,945	40% below HPI
2010 1 OCT	£208,000	£327,512	36% below HPI

48 OXEN LEASE 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 48 OXEN LEASE sales from October 2010 and September 2015 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 2010 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2015 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 48 OXEN LEASE?

48 OXEN LEASE is 75m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of detached houses in Ashford, based on EPC data. The below chart shows the distribution of detached houses by size in Ashford, and where 48 OXEN LEASE lies on this distribution: 8% of detached houses are smaller than 48 OXEN LEASE, and 92% of houses are larger. Note that EPC data is not available for all properties in Ashford.

48 OXEN LEASE: Plot and Title Map

48 OXEN LEASE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 48 OXEN LEASE, 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 48 OXEN LEASE). 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 48 OXEN LEASE?

48 OXEN LEASE is located in ASHFORD, in the TN23 postcode district. The below map shows the position of No. 48 on OXEN LEASE.