40, FERNLEA AVENUE, HERNE BAY, CT6 8UQ - £295,000

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

40 FERNLEA AVENUE is a very small detached house of 63m², built sometime between 1930 and 1949. It was last sold for £295,000 in February 2020, which was around 35% below the average February 2020 detached price in the Canterbury local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

40 FERNLEA AVENUE Sold Prices

Land registry data shows three sales for 40 FERNLEA AVENUE 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 40 FERNLEA AVENUE 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 28 FEB	£295,000	£454,431	35% below HPI
2016 31 MAR	£274,700	£396,707	31% below HPI
2015 15 JUN	£222,500	£368,525	40% below HPI

40 FERNLEA AVENUE 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 40 FERNLEA AVENUE sales between June 2015 and February 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 March 2016 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2020 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 40 FERNLEA AVENUE?

40 FERNLEA AVENUE is 63m² according to the EPC inspection conducted in March 2015. 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 40 FERNLEA AVENUE lies on this distribution: 11% of detached houses are smaller than 40 FERNLEA AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.

40 FERNLEA AVENUE: Plot and Title Map

40 FERNLEA AVENUE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 40 FERNLEA AVENUE, 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 40 FERNLEA AVENUE). 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 40 FERNLEA AVENUE?

40 FERNLEA AVENUE is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 40 on FERNLEA AVENUE.