15, MINSTER DRIVE, HERNE BAY, CT6 8UL - £262,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 MINSTER DRIVE is a very small detached house of 55m², built sometime between 1930 and 1949. It was last sold for £262,000 in November 2020, which was around 46% below the average November 2020 detached price in the Canterbury local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was A.

15 MINSTER DRIVE Sold Prices

Land registry data shows four sales for 15 MINSTER DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Canterbury local authority area for the corresponding sale date. All of the four 15 MINSTER DRIVE 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
2020 20 NOV	£262,000	£485,244	46% below HPI
2014 26 MAR	£163,000	£329,318	51% below HPI
1999 11 NOV	£75,000	£125,147	40% below HPI
1997 3 NOV	£64,000	£103,753	38% below HPI

15 MINSTER DRIVE 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 four 15 MINSTER DRIVE sales between November 1997 and November 2020 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 2014 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the November 2020 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 15 MINSTER DRIVE?

15 MINSTER DRIVE is 55m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of detached houses in Herne Bay, based on EPC data. The below chart shows the distribution of detached houses by size in Herne Bay, and where 15 MINSTER DRIVE lies on this distribution: 4% of detached houses are smaller than 15 MINSTER DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.

15 MINSTER DRIVE: Plot and Title Map

15 MINSTER DRIVE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 15 MINSTER DRIVE, 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 15 MINSTER DRIVE). 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 15 MINSTER DRIVE?

15 MINSTER DRIVE is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 15 on MINSTER DRIVE.