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 FAIRFAX DRIVE is a small detached house of 76m², built sometime between 1991 and 1995. It was last sold for £345,000 in November 2018, which was around 25% below the average November 2018 detached price in the Canterbury local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 23 FAIRFAX DRIVE since 1st 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 23 FAIRFAX DRIVE 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 |
---|---|---|---|
2018 16 NOV | £345,000 | £456,970 | 25% below HPI |
1996 17 DEC | £80,950 | £91,398 | 11% below HPI |
The below graph shows the average detached house price in the Canterbury local authority area over time, sourced from the HPI. The two 23 FAIRFAX DRIVE sales from December 1996 and November 2018 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 1996 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
23 FAIRFAX DRIVE is 76m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 30% 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 FAIRFAX DRIVE lies on this distribution: 26% of detached houses are smaller than 23 FAIRFAX DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.
23 FAIRFAX DRIVE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 23 FAIRFAX 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 23 FAIRFAX 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.
23 FAIRFAX DRIVE is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 23 on FAIRFAX DRIVE.