2, THE CLOSE, CANTERBURY, CT1 3UZ - £365,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 THE CLOSE is a large detached house of 147m², built sometime between 1991 and 1995. It was last sold for £365,000 in March 2020, which was around 23% below the average March 2020 detached price in the Canterbury local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

2 THE CLOSE Sold Prices

Land registry data shows three sales for 2 THE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Canterbury local authority area for the corresponding sale date. All of the three 2 THE 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
2020 13 MAR	£365,000	£476,041	23% below HPI
2014 21 OCT	£290,000	£380,536	24% below HPI
2007 28 JUN	£247,500	£313,448	21% below HPI

2 THE 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 three 2 THE CLOSE sales between June 2007 and March 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 October 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2020 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 2 THE CLOSE be worth now?

2 THE CLOSE might now be worth an estimated £423,433.

This is based on house price inflation of 16%, between March 2020 and December 2024, 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 16% inflationary increase is applied to the most recent sale price for 2 THE CLOSE of £365,000 on 13th March 2020. For the value to have increased from £365,000 to £423,433 over the three years and three months to December 2024, the following assumptions must hold true:

• The value of 2 THE CLOSE has moved in line with the HPI for detached houses in the Canterbury local authority area.
• The March 2020 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE CLOSE has not materially changed since March 2020.

How Large is 2 THE CLOSE?

2 THE CLOSE is 147m² according to the EPC inspection conducted in April 2019. This puts it in the largest 30% of detached houses houses in Canterbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Canterbury, and where 2 THE CLOSE lies on this distribution: 71% of detached houses houses are smaller than 2 THE CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Canterbury.

2 THE CLOSE: Plot and Title Map

2 THE CLOSE sits on a plot of roughly 0.144 of an acre, or 581m². The below map shows the location of 2 THE 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 THE 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 THE CLOSE?

2 THE CLOSE is located in CANTERBURY, in the CT1 postcode district. The below map shows the position of No. 2 on THE CLOSE.