Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
3 THE CEDARS is a very large detached house of 179m². It was last sold for £615,000 in September 2019, which was around 36% above the average September 2019 detached price in the Canterbury local authority area. The most recent EPC inspection was September 2018, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows three sales for 3 THE CEDARS 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 3 THE CEDARS sales were for above 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 19 SEP | £615,000 | £451,755 | 36% above HPI |
2017 23 MAR | £560,000 | £424,857 | 32% above HPI |
1996 26 NOV | £164,000 | £91,269 | 80% above HPI |
The below graph shows the average detached house price in the Canterbury local authority area over time, sourced from the HPI. The three 3 THE CEDARS sales between November 1996 and September 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 March 2017 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the September 2019 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.
3 THE CEDARS is 179m² according to the EPC inspection conducted in September 2018. This puts it in the largest 20% of detached houses in Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Bridge, and where 3 THE CEDARS lies on this distribution: 83% of detached houses are smaller than 3 THE CEDARS, and 17% of houses are larger. Note that EPC data is not available for all properties in Bridge.
3 THE CEDARS sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of 3 THE CEDARS, 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 THE CEDARS). 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.
3 THE CEDARS is located in BRIDGE, in the CT4 postcode district. The below map shows the position of No. 3 on THE CEDARS.