11, FAIRACRES CLOSE, HERNE BAY, CT6 6LL - £272,500

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.

11 FAIRACRES CLOSE is a small detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £495,967. It was last sold for £272,500 in July 2010, which was around 13% below the average July 2010 detached price in the Canterbury local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was C.

11 FAIRACRES CLOSE Sold Prices

Land registry data shows two sales for 11 FAIRACRES 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 11 FAIRACRES 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
2010 8 JUL	£272,500	£313,449	13% below HPI
2002 1 AUG	£120,000	£199,751	40% below HPI

11 FAIRACRES 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 11 FAIRACRES CLOSE sales from August 2002 and July 2010 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 August 2002 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2010 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 11 FAIRACRES CLOSE be worth now?

11 FAIRACRES CLOSE might now be worth an estimated £495,967.

This is based on house price inflation of 82%, between July 2010 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 82% inflationary increase is applied to the most recent sale price for 11 FAIRACRES CLOSE of £272,500 on 8th July 2010. For the value to have increased from £272,500 to £495,967 over the fifteen years and five months to February 2025, the following assumptions must hold true:

• The value of 11 FAIRACRES CLOSE has moved in line with the HPI for detached houses in the Canterbury local authority area.
• The July 2010 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of 11 FAIRACRES CLOSE has not materially changed since July 2010.

How Large is 11 FAIRACRES CLOSE?

11 FAIRACRES CLOSE is 78m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 30% 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 11 FAIRACRES CLOSE lies on this distribution: 29% of detached houses houses are smaller than 11 FAIRACRES CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.

11 FAIRACRES CLOSE: Plot and Title Map

11 FAIRACRES CLOSE sits on a plot of roughly 0.164 of an acre, or 665m². The below map shows the location of 11 FAIRACRES 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 11 FAIRACRES 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 11 FAIRACRES CLOSE?

11 FAIRACRES CLOSE is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 11 on FAIRACRES CLOSE.