12, THE TERRACE, CANTERBURY, CT2 7AJ - £492,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 THE TERRACE is a midsized extended detached house of 117m², built sometime between 1967 and 1975. It was last sold for £492,500 in March 2021, which was about the average March 2021 detached price in the Canterbury local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was C.

12 THE TERRACE Sold Prices

Land registry data shows three sales for 12 THE TERRACE 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. The three 12 THE TERRACE sales were a mix of roughly equal to the average price, above the average price, and 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
2021 8 MAR	£492,500	£491,480	Close to HPI
2015 6 MAR	£390,000	£383,751	2% above HPI
2012 24 OCT	£308,000	£322,914	5% below HPI

12 THE TERRACE 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 THE TERRACE sales between October 2012 and March 2021 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 March 2015 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 12 THE TERRACE be worth now?

12 THE TERRACE might now be worth an estimated £553,397.

This is based on house price inflation of 12.4%, between March 2021 and December 2024, 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 12.4% inflationary increase is applied to the most recent sale price for 12 THE TERRACE of £492,500 on 8th March 2021. For the value to have increased from £492,500 to £553,397 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 12 THE TERRACE has moved in line with the HPI for detached houses in the Canterbury local authority area.
• The March 2021 sale price of £492,500 represented a fair market value for the property.
• The size, condition, and specification of 12 THE TERRACE has not materially changed since March 2021.

How Large is 12 THE TERRACE?

12 THE TERRACE is 117m², which includes two extensions, according to the EPC inspection conducted in February 2018. This puts it in the smallest 50% of detached houses houses in Canterbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Canterbury, and where 12 THE TERRACE lies on this distribution: 45% of detached houses houses are smaller than 12 THE TERRACE, and 54% of houses are larger. Note that EPC data is not available for all properties in Canterbury.

12 THE TERRACE: Plot and Title Map

12 THE TERRACE sits on a plot of roughly 0.196 of an acre, or 794m². The below map shows the location of 12 THE TERRACE, 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 THE TERRACE). 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 THE TERRACE?

12 THE TERRACE is located in CANTERBURY, in the CT2 postcode district. The below map shows the position of No. 12 on THE TERRACE.