1, OAKS AVENUE, HERNE BAY, CT6 7PS - £355,000

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 OAKS AVENUE is a very small detached house of 54m², built sometime between 1967 and 1975. It was last sold for £355,000 in April 2023, which was around 35% below the average April 2023 detached price in the Canterbury local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

1 OAKS AVENUE Sold Prices

Land registry data shows five sales for 1 OAKS AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Canterbury local authority area for the corresponding sale date. All of the five 1 OAKS AVENUE 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
2023 28 APR	£355,000	£546,370	35% below HPI
2015 16 JAN	£212,500	£357,316	41% below HPI
2009 30 NOV	£185,000	£279,863	34% below HPI
2002 31 JUL	£119,000	£183,784	35% below HPI
2001 19 JAN	£89,000	£151,772	41% below HPI

1 OAKS AVENUE 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 five 1 OAKS AVENUE sales between January 2001 and April 2023 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 January 2015 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the April 2023 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 1 OAKS AVENUE?

1 OAKS AVENUE is 54m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% 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 OAKS AVENUE lies on this distribution: 4% of detached houses are smaller than 1 OAKS AVENUE, and 96% of houses are larger. Note that EPC data is not available for all properties in Greenhill.

1 OAKS AVENUE: Plot and Title Map

1 OAKS AVENUE sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of 1 OAKS AVENUE, 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 OAKS AVENUE). 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 OAKS AVENUE?

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