2, FORD CLOSE, HERNE BAY, CT6 8AN - £65,000

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.

2 FORD CLOSE is a very small detached house of 53m², built sometime between 1950 and 1966, which could now be worth an estimated £298,880. It was last sold for £65,000 in August 1999, which was around 48% below the average August 1999 detached price in the Canterbury local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

2 FORD CLOSE Sold Prices

Land registry data shows two sales for 2 FORD 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 2 FORD 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
1999 12 AUG	£65,000	£124,071	48% below HPI
1998 23 JUN	£60,000	£114,597	48% below HPI

2 FORD 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 2 FORD CLOSE sales from June 1998 and August 1999 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 June 1998 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the August 1999 sale, which was also at 48% below the HPI.

What might 2 FORD CLOSE be worth now?

2 FORD CLOSE might now be worth an estimated £298,880.

This is based on house price inflation of 359.8%, between August 1999 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 359.8% inflationary increase is applied to the most recent sale price for 2 FORD CLOSE of £65,000 on 12th August 1999. For the value to have increased from £65,000 to £298,880 over the 26 years and six months to February 2025, the following assumptions must hold true:

• The value of 2 FORD CLOSE has moved in line with the HPI for detached houses in the Canterbury local authority area.
• The August 1999 sale price of £65,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FORD CLOSE has not materially changed since August 1999.

How Large is 2 FORD CLOSE?

2 FORD CLOSE is 53m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% 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 2 FORD CLOSE lies on this distribution: 3% of detached houses houses are smaller than 2 FORD CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.

2 FORD CLOSE: Plot and Title Map

2 FORD CLOSE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 2 FORD 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 2 FORD 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 2 FORD CLOSE?

2 FORD CLOSE is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 2 on FORD CLOSE.