24, HOLMSCROFT ROAD, HERNE BAY, CT6 6PE - £305,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 HOLMSCROFT ROAD is a small detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £350,580. It was last sold for £305,000 in September 2020, which was around 39% below the average September 2020 detached price in the Canterbury local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

24 HOLMSCROFT ROAD Sold Prices

Land registry data shows two sales for 24 HOLMSCROFT ROAD 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 24 HOLMSCROFT ROAD 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 30 SEP	£305,000	£496,325	39% below HPI
2001 30 APR	£112,000	£164,064	32% below HPI

24 HOLMSCROFT ROAD 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 24 HOLMSCROFT ROAD sales from April 2001 and September 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 April 2001 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2020 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 24 HOLMSCROFT ROAD be worth now?

24 HOLMSCROFT ROAD might now be worth an estimated £350,580.

This is based on house price inflation of 14.9%, between September 2020 and February 2025, 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 14.9% inflationary increase is applied to the most recent sale price for 24 HOLMSCROFT ROAD of £305,000 on 30th September 2020. For the value to have increased from £305,000 to £350,580 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 24 HOLMSCROFT ROAD has moved in line with the HPI for detached houses in the Canterbury local authority area.
• The September 2020 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 24 HOLMSCROFT ROAD has not materially changed since September 2020.

How Large is 24 HOLMSCROFT ROAD?

24 HOLMSCROFT ROAD is 81m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 40% of detached houses houses in Herne Bay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Herne Bay, and where 24 HOLMSCROFT ROAD lies on this distribution: 32% of detached houses houses are smaller than 24 HOLMSCROFT ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.

24 HOLMSCROFT ROAD: Plot and Title Map

24 HOLMSCROFT ROAD sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 24 HOLMSCROFT ROAD, 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 24 HOLMSCROFT ROAD). 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 24 HOLMSCROFT ROAD?

24 HOLMSCROFT ROAD is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 24 on HOLMSCROFT ROAD.