2, THE TERRACE, CANTERBURY, CT2 7AJ - £420,000

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

2 THE TERRACE is a large detached house of 150m², built sometime between 1967 and 1975. It was last sold for £420,000 in February 2007, which was around 49% above the average February 2007 detached price in the Canterbury local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

2 THE TERRACE Sold Prices

Land registry data shows two sales for 2 THE TERRACE 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 THE TERRACE 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
2007 23 FEB	£420,000	£282,327	49% above HPI
2003 14 NOV	£360,000	£232,256	55% above HPI

2 THE TERRACE 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 THE TERRACE sales from November 2003 and February 2007 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 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the February 2007 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 2 THE TERRACE?

2 THE TERRACE is 150m² according to the EPC inspection conducted in June 2019. This puts it in the largest 30% of detached houses in Canterbury, based on EPC data. The below chart shows the distribution of detached houses by size in Canterbury, and where 2 THE TERRACE lies on this distribution: 72% of detached houses are smaller than 2 THE TERRACE, and 27% of houses are larger. Note that EPC data is not available for all properties in Canterbury.

2 THE TERRACE: Plot and Title Map

2 THE TERRACE sits on a plot of roughly 0.186 of an acre, or 753m². The below map shows the location of 2 THE TERRACE, 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 TERRACE). 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 TERRACE?

2 THE TERRACE is located in CANTERBURY, in the CT2 postcode district. The below map shows the position of No. 2 on THE TERRACE.