56, CHESTNUT LANE, KINGSNORTH, ASHFORD, TN23 3LR - £270,000

56 CHESTNUT LANE is a very small extended detached house of 71m², built sometime between 1996 and 2002. It was last sold for £270,000 in December 2015, which was around 30% below the average December 2015 detached price in the Ashford local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

56 CHESTNUT LANE Sold Prices

Land registry data shows three sales for 56 CHESTNUT LANE 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 56 CHESTNUT LANE 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 7 DEC	£270,000	£386,757	30% below HPI
2004 17 SEP	£173,000	£280,945	38% below HPI
1998 22 MAY	£77,000	£122,132	37% below HPI

56 CHESTNUT LANE 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 56 CHESTNUT LANE sales between May 1998 and December 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 September 2004 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2015 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 56 CHESTNUT LANE?

56 CHESTNUT LANE is 71m², which includes one extension, according to the EPC inspection conducted in May 2016. 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 56 CHESTNUT LANE lies on this distribution: 5% of detached houses are smaller than 56 CHESTNUT LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Ashford.

56 CHESTNUT LANE: Plot and Title Map

56 CHESTNUT LANE sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 56 CHESTNUT LANE, 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 56 CHESTNUT LANE). 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 56 CHESTNUT LANE?

56 CHESTNUT LANE is located in KINGSNORTH, in the TN23 postcode district. The below map shows the position of No. 56 on CHESTNUT LANE.