3, EDDINGTON LANE, HERNE BAY, CT6 5TG - £355,000

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

3 EDDINGTON LANE is a very small extended detached house of 100m², built sometime between 1950 and 1966. It was last sold for £355,000 in April 2021, which was around 25% below the average April 2021 detached price in the Canterbury local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

3 EDDINGTON LANE Sold Prices

Land registry data shows five sales for 3 EDDINGTON LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Canterbury local authority area for the corresponding sale date. All of the five 3 EDDINGTON LANE 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
2021 28 APR	£355,000	£471,218	25% below HPI
2018 29 MAR	£349,995	£448,565	22% below HPI
2013 28 NOV	£245,000	£317,234	23% below HPI
2005 10 JUN	£190,000	£260,541	27% below HPI
2003 21 OCT	£177,000	£234,217	24% below HPI

3 EDDINGTON LANE 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 five 3 EDDINGTON LANE sales between October 2003 and April 2021 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 March 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 3 EDDINGTON LANE?

3 EDDINGTON LANE is 100m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 20% of detached houses in Eddington, based on EPC data. The below chart shows the distribution of detached houses by size in Eddington, and where 3 EDDINGTON LANE lies on this distribution: 14% of detached houses are smaller than 3 EDDINGTON LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Eddington.

3 EDDINGTON LANE: Plot and Title Map

3 EDDINGTON LANE sits on a plot of roughly 0.152 of an acre, or 613m². The below map shows the location of 3 EDDINGTON LANE, 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 3 EDDINGTON LANE). 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 3 EDDINGTON LANE?

3 EDDINGTON LANE is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 3 on EDDINGTON LANE.