5, MERINO WAY, KINGSNORTH, ASHFORD, TN23 3GS - £410,000

5 MERINO WAY is a very small detached house of 81m², built sometime between 1996 and 2002. It was last sold for £410,000 in January 2024, which was around 25% below the average January 2024 detached price in the Ashford local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

5 MERINO WAY Sold Prices

Land registry data shows three sales for 5 MERINO WAY 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 5 MERINO WAY 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
2024 15 JAN	£410,000	£545,949	25% below HPI
2007 7 NOV	£217,500	£338,477	36% below HPI
2002 15 MAY	£135,995	£203,026	33% below HPI

5 MERINO WAY 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 5 MERINO WAY sales between May 2002 and January 2024 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 November 2007 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the January 2024 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 5 MERINO WAY?

5 MERINO WAY is 81m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% of detached houses in Ashford, based on EPC data. The below chart shows the distribution of detached houses by size in Ashford, and where 5 MERINO WAY lies on this distribution: 13% of detached houses are smaller than 5 MERINO WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Ashford.

5 MERINO WAY: Plot and Title Map

5 MERINO WAY sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 5 MERINO WAY, 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 5 MERINO WAY). 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 5 MERINO WAY?

5 MERINO WAY is located in KINGSNORTH, in the TN23 postcode district. The below map shows the position of No. 5 on MERINO WAY.