12, MUSCOVY WAY, HERNE BAY, CT6 5RR - £670,000

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

12 MUSCOVY WAY is a large detached house of 138m², built sometime between 1996 and 2002. It was last sold for £670,000 in January 2023, which was around 24% above the average January 2023 detached price in the Canterbury local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

12 MUSCOVY WAY Sold Prices

Land registry data shows three sales for 12 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. All of the three 12 MUSCOVY WAY sales 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
2023 13 JAN	£670,000	£539,380	24% above HPI
2009 23 DEC	£325,500	£281,436	16% above HPI
2000 20 DEC	£185,000	£152,961	21% above HPI

12 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 12 MUSCOVY WAY sales between December 2000 and January 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 December 2009 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the January 2023 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 12 MUSCOVY WAY?

12 MUSCOVY WAY is 138m² according to the EPC inspection conducted in May 2013. This puts it in the largest 40% of detached houses in Greenhill, based on EPC data. The below chart shows the distribution of detached houses by size in Greenhill, and where 12 MUSCOVY WAY lies on this distribution: 68% of detached houses are smaller than 12 MUSCOVY WAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Greenhill.

12 MUSCOVY WAY: Plot and Title Map

12 MUSCOVY WAY sits on a plot of roughly 0.171 of an acre, or 690m². The below map shows the location of 12 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 12 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 12 MUSCOVY WAY?

12 MUSCOVY WAY is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 12 on MUSCOVY WAY.