1, FAIRFAX DRIVE, HERNE BAY, CT6 6QZ - £425,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 FAIRFAX DRIVE is a large extended detached house of 113m², built sometime between 1967 and 1975. It was last sold for £425,000 in May 2024, which was around 16% below the average May 2024 detached price in the Canterbury local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

1 FAIRFAX DRIVE Sold Prices

Land registry data shows two sales for 1 FAIRFAX DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Canterbury local authority area for the corresponding sale date. Both of the two 1 FAIRFAX DRIVE 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 31 MAY	£425,000	£504,974	16% below HPI
1996 7 MAY	£84,000	£85,768	2% below HPI

1 FAIRFAX DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Canterbury local authority area over time, sourced from the HPI. The two 1 FAIRFAX DRIVE sales from May 1996 and May 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 May 1996 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2024 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 1 FAIRFAX DRIVE?

1 FAIRFAX DRIVE is 113m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 40% of detached houses in Herne Bay, based on EPC data. The below chart shows the distribution of detached houses by size in Herne Bay, and where 1 FAIRFAX DRIVE lies on this distribution: 65% of detached houses are smaller than 1 FAIRFAX DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.

1 FAIRFAX DRIVE: Plot and Title Map

1 FAIRFAX DRIVE sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 1 FAIRFAX DRIVE, 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 FAIRFAX DRIVE). 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 FAIRFAX DRIVE?

1 FAIRFAX DRIVE is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 1 on FAIRFAX DRIVE.