31, ALBION LANE, HERNE BAY, CT6 7LR - £260,000

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.

31 ALBION LANE is a very small extended detached house of 66m², built sometime between 1930 and 1949, which could now be worth an estimated £286,616. It was last sold for £260,000 in September 2021, which was around 50% below the average September 2021 detached price in the Canterbury local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was B.

31 ALBION LANE Sold Prices

Land registry data shows three sales for 31 ALBION LANE 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 31 ALBION 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 22 SEP	£260,000	£517,519	50% below HPI
1999 19 NOV	£69,000	£132,034	48% below HPI
1996 30 OCT	£54,000	£95,760	44% below HPI

31 ALBION 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 three 31 ALBION LANE sales between October 1996 and September 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 November 1999 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the September 2021 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 31 ALBION LANE be worth now?

31 ALBION LANE might now be worth an estimated £286,616.

This is based on house price inflation of 10.2%, between September 2021 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 10.2% inflationary increase is applied to the most recent sale price for 31 ALBION LANE of £260,000 on 22nd September 2021. For the value to have increased from £260,000 to £286,616 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 31 ALBION LANE has moved in line with the HPI for detached houses in the Canterbury local authority area.
• The September 2021 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 31 ALBION LANE has not materially changed since September 2021.

How Large is 31 ALBION LANE?

31 ALBION LANE is 66m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% of detached houses houses in Herne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Herne, and where 31 ALBION LANE lies on this distribution: 3% of detached houses houses are smaller than 31 ALBION LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Herne.

31 ALBION LANE: Plot and Title Map

31 ALBION LANE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 31 ALBION 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 31 ALBION 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 31 ALBION LANE?

31 ALBION LANE is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 31 on ALBION LANE.