16, CORMORANT WAY, HERNE BAY, CT6 6HG - £530,000

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

16 CORMORANT WAY is a very large extended detached house of 172m², built sometime between 2003 and 2006. It was last sold for £530,000 in January 2022, which was around 5% above the average January 2022 detached price in the Canterbury local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

16 CORMORANT WAY Sold Prices

Land registry data shows two sales for 16 CORMORANT WAY 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 16 CORMORANT 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
2022 19 JAN	£530,000	£503,098	5% above HPI
2003 14 NOV	£249,995	£232,256	8% above HPI

16 CORMORANT 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 two 16 CORMORANT WAY sales from November 2003 and January 2022 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 2003 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the January 2022 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 16 CORMORANT WAY?

16 CORMORANT WAY is 172m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 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 16 CORMORANT WAY lies on this distribution: 93% of detached houses are smaller than 16 CORMORANT WAY, and 7% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.

16 CORMORANT WAY: Plot and Title Map

16 CORMORANT WAY sits on a plot of roughly 0.122 of an acre, or 496m². The below map shows the location of 16 CORMORANT 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 16 CORMORANT 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 16 CORMORANT WAY?

16 CORMORANT WAY is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 16 on CORMORANT WAY.