3, MEADOW CLOSE, HERNE BAY, CT6 6NN - £350,000

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.

3 MEADOW CLOSE is a small detached house of 74m², built sometime between 1950 and 1966, which could now be worth an estimated £411,105. It was last sold for £350,000 in January 2020, which was around 28% below the average January 2020 detached price in the Canterbury local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

3 MEADOW CLOSE Sold Prices

Land registry data shows three sales for 3 MEADOW CLOSE since 1^st 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 3 MEADOW CLOSE 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 JAN	£350,000	£485,701	28% below HPI
2016 2 DEC	£320,000	£455,113	30% below HPI
2000 5 APR	£116,500	£144,404	19% below HPI

3 MEADOW CLOSE 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 three 3 MEADOW CLOSE sales between April 2000 and January 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 December 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the January 2020 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 3 MEADOW CLOSE be worth now?

3 MEADOW CLOSE might now be worth an estimated £411,105.

This is based on house price inflation of 17.5%, between January 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 17.5% inflationary increase is applied to the most recent sale price for 3 MEADOW CLOSE of £350,000 on 30th January 2020. For the value to have increased from £350,000 to £411,105 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 3 MEADOW CLOSE has moved in line with the HPI for detached houses in the Canterbury local authority area.
• The January 2020 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MEADOW CLOSE has not materially changed since January 2020.

How Large is 3 MEADOW CLOSE?

3 MEADOW CLOSE is 74m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 30% 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 3 MEADOW CLOSE lies on this distribution: 22% of detached houses houses are smaller than 3 MEADOW CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.

3 MEADOW CLOSE: Plot and Title Map

3 MEADOW CLOSE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 3 MEADOW CLOSE, 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 MEADOW CLOSE). 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 MEADOW CLOSE?

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