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
23 ELIZABETH WAY is a small extended detached house of 84m², built sometime between 1967 and 1975. It was last sold for £330,000 in January 2019, which was around 29% below the average January 2019 detached price in the Canterbury local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 23 ELIZABETH WAY since 1st 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 23 ELIZABETH WAY 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 |
---|---|---|---|
2019 11 JAN | £330,000 | £462,109 | 29% below HPI |
2010 29 JUL | £227,500 | £297,099 | 23% below HPI |
2001 30 NOV | £79,500 | £171,938 | 54% below HPI |
The below graph shows the average detached house price in the Canterbury local authority area over time, sourced from the HPI. The three 23 ELIZABETH WAY sales between November 2001 and January 2019 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 July 2010 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2019 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.
23 ELIZABETH WAY is 84m², which includes two extensions, according to the EPC inspection conducted in November 2023. This puts it in the smallest 40% of detached houses in Herne Bay, based on EPC data. The below chart shows the distribution of detached houses by size in Herne Bay, and where 23 ELIZABETH WAY lies on this distribution: 37% of detached houses are smaller than 23 ELIZABETH WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.
23 ELIZABETH WAY sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 23 ELIZABETH WAY, 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 23 ELIZABETH WAY). 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.
23 ELIZABETH WAY is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 23 on ELIZABETH WAY.