38, GRAND DRIVE, HERNE BAY, CT6 8JR - £320,000

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

38 GRAND DRIVE is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £320,000 in June 2019, which was around 30% below the average June 2019 detached price in the Canterbury local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

38 GRAND DRIVE Sold Prices

Land registry data shows two sales for 38 GRAND DRIVE 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 38 GRAND DRIVE 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
2019 10 JUN	£320,000	£454,347	30% below HPI
2007 21 AUG	£186,500	£302,131	38% below HPI

38 GRAND DRIVE 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 38 GRAND DRIVE sales from August 2007 and June 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 August 2007 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2019 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 38 GRAND DRIVE?

38 GRAND DRIVE is 70m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 20% of detached houses in Herne Bay, based on EPC data. The below chart shows the distribution of detached houses by size in Herne Bay, and where 38 GRAND DRIVE lies on this distribution: 18% of detached houses are smaller than 38 GRAND DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.

38 GRAND DRIVE: Plot and Title Map

38 GRAND DRIVE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 38 GRAND DRIVE, 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 38 GRAND DRIVE). 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 38 GRAND DRIVE?

38 GRAND DRIVE is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 38 on GRAND DRIVE.