1, MUSCOVY WAY, HERNE BAY, CT6 5RR - £278,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MUSCOVY WAY is a midsized detached house of 114m², built sometime between 2003 and 2006. It was last sold for £278,000 in August 2012, which was around 9% below the average August 2012 detached price in the Canterbury local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

1 MUSCOVY WAY Sold Prices

Land registry data shows three sales for 1 MUSCOVY 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 Canterbury local authority area for the corresponding sale date. One of the three 1 MUSCOVY WAY sales was for below the average price, whilst two 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
2012 10 AUG	£278,000	£304,471	9% below HPI
2002 20 SEP	£218,000	£196,367	11% above HPI
2001 26 JAN	£165,000	£151,772	9% above HPI

1 MUSCOVY WAY 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 three 1 MUSCOVY WAY sales between January 2001 and August 2012 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 2002 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2012 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 1 MUSCOVY WAY?

1 MUSCOVY WAY is 114m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 50% of detached houses in Greenhill, based on EPC data. The below chart shows the distribution of detached houses by size in Greenhill, and where 1 MUSCOVY WAY lies on this distribution: 45% of detached houses are smaller than 1 MUSCOVY WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Greenhill.

1 MUSCOVY WAY: Plot and Title Map

1 MUSCOVY WAY sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 1 MUSCOVY 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 1 MUSCOVY 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 1 MUSCOVY WAY?

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