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
2 MERRYWOOD GROVE is a midsized detached house of 123m², built sometime between 1996 and 2002. It was last sold for £345,000 in March 2015, which was around 5% below the average March 2015 detached price in the Canterbury local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 2 MERRYWOOD GROVE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Canterbury local authority area for the corresponding sale date. three of the six 2 MERRYWOOD GROVE sales were for below the average price, and six 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 |
---|---|---|---|
2015 27 MAR | £345,000 | £363,734 | 5% below HPI |
2013 2 JAN | £300,000 | £302,003 | 1% below HPI |
2010 29 OCT | £287,500 | £315,698 | 9% below HPI |
2007 29 JUN | £328,000 | £297,098 | 10% above HPI |
2000 20 MAR | £150,000 | £135,136 | 11% above HPI |
1999 26 FEB | £124,000 | £110,819 | 12% above HPI |
The below graph shows the average detached house price in the Canterbury local authority area over time, sourced from the HPI. The six 2 MERRYWOOD GROVE sales between February 1999 and March 2015 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 January 2013 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2015 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.
2 MERRYWOOD GROVE is 123m² according to the EPC inspection conducted in September 2012. This puts it in the largest 50% of detached houses in Broomfield, based on EPC data. The below chart shows the distribution of detached houses by size in Broomfield, and where 2 MERRYWOOD GROVE lies on this distribution: 51% of detached houses are smaller than 2 MERRYWOOD GROVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Broomfield.
2 MERRYWOOD GROVE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 2 MERRYWOOD GROVE, 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 MERRYWOOD GROVE). 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.
2 MERRYWOOD GROVE is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 2 on MERRYWOOD GROVE.