2, PHAROS DRIVE, DOVER, CT16 1AF - £390,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 PHAROS DRIVE is a very large detached house of 193m², built sometime between 1996 and 2002. It was last sold for £390,000 in October 2014, which was around 26% above the average October 2014 detached price in the Dover local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

2 PHAROS DRIVE Sold Prices

Land registry data shows three sales for 2 PHAROS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dover local authority area for the corresponding sale date. All of the three 2 PHAROS DRIVE 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
2014 17 OCT	£390,000	£308,569	26% above HPI
2002 12 DEC	£325,000	£196,364	66% above HPI
1999 28 JUL	£179,950	£104,579	72% above HPI

2 PHAROS DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dover local authority area over time, sourced from the HPI. The three 2 PHAROS DRIVE sales between July 1999 and October 2014 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 December 2002 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the October 2014 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 2 PHAROS DRIVE?

2 PHAROS DRIVE is 193m² according to the EPC inspection conducted in February 2014. This puts it in the largest 10% of detached houses in Dover, based on EPC data. The below chart shows the distribution of detached houses by size in Dover, and where 2 PHAROS DRIVE lies on this distribution: 92% of detached houses are smaller than 2 PHAROS DRIVE, and 8% of houses are larger. Note that EPC data is not available for all properties in Dover.

2 PHAROS DRIVE: Plot and Title Map

2 PHAROS DRIVE sits on a plot of roughly 0.253 of an acre, or 1,022m². The below map shows the location of 2 PHAROS 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 2 PHAROS 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 2 PHAROS DRIVE?

2 PHAROS DRIVE is located in DOVER, in the CT16 postcode district. The below map shows the position of No. 2 on PHAROS DRIVE.