1, OYSTER CLOSE, HERNE BAY, CT6 8FG - £293,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 OYSTER CLOSE is a small detached house of 82m², built sometime between 1996 and 2002, which could now be worth an estimated £343,579. It was last sold for £293,000 in May 2019, which was around 40% below the average May 2019 detached price in the Canterbury local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

1 OYSTER CLOSE Sold Prices

Land registry data shows two sales for 1 OYSTER CLOSE 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 OYSTER CLOSE 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
2019 31 MAY	£293,000	£486,513	40% below HPI
1997 24 NOV	£73,000	£109,463	33% below HPI

1 OYSTER CLOSE 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 OYSTER CLOSE sales from November 1997 and May 2019 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 1997 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2019 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 1 OYSTER CLOSE be worth now?

1 OYSTER CLOSE might now be worth an estimated £343,579.

This is based on house price inflation of 17.3%, between May 2019 and February 2025, for detached houses, in the Canterbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.3% inflationary increase is applied to the most recent sale price for 1 OYSTER CLOSE of £293,000 on 31st May 2019. For the value to have increased from £293,000 to £343,579 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 1 OYSTER CLOSE has moved in line with the HPI for detached houses in the Canterbury local authority area.
• The May 2019 sale price of £293,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OYSTER CLOSE has not materially changed since May 2019.

How Large is 1 OYSTER CLOSE?

1 OYSTER CLOSE is 82m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 40% of detached houses houses in Herne Bay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Herne Bay, and where 1 OYSTER CLOSE lies on this distribution: 33% of detached houses houses are smaller than 1 OYSTER CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.

1 OYSTER CLOSE: Plot and Title Map

1 OYSTER CLOSE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 1 OYSTER CLOSE, 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 OYSTER CLOSE). 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 OYSTER CLOSE?

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