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 GAINSBOROUGH DRIVE is a very large extended detached house of 160m², built sometime between 1967 and 1975. It was last sold for £602,000 in February 2023, which was around 9% above the average February 2023 detached price in the Canterbury local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 40 GAINSBOROUGH DRIVE since 1st 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 40 GAINSBOROUGH DRIVE 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 |
---|---|---|---|
2023 22 FEB | £602,000 | £549,788 | 9% above HPI |
2017 2 OCT | £460,000 | £441,599 | 4% above HPI |
The below graph shows the average detached house price in the Canterbury local authority area over time, sourced from the HPI. The two 40 GAINSBOROUGH DRIVE sales from October 2017 and February 2023 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 October 2017 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2023 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.
40 GAINSBOROUGH DRIVE is 160m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the largest 10% 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 GAINSBOROUGH DRIVE lies on this distribution: 90% of detached houses are smaller than 40 GAINSBOROUGH DRIVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.
40 GAINSBOROUGH DRIVE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 40 GAINSBOROUGH 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 40 GAINSBOROUGH 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.
40 GAINSBOROUGH DRIVE is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 40 on GAINSBOROUGH DRIVE.