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
43 FAIRFAX DRIVE is a small detached house of 81m², built sometime between 1991 and 1995. It was last sold for £350,000 in March 2020, which was around 22% below the average March 2020 detached price in the Canterbury local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 43 FAIRFAX DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Canterbury local authority area for the corresponding sale date. All of the four 43 FAIRFAX 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 |
---|---|---|---|
2020 12 MAR | £350,000 | £451,209 | 22% below HPI |
2013 14 AUG | £231,000 | £317,828 | 27% below HPI |
2004 17 FEB | £204,995 | £248,490 | 18% below HPI |
1998 27 MAR | £82,950 | £102,187 | 19% below HPI |
The below graph shows the average detached house price in the Canterbury local authority area over time, sourced from the HPI. The four 43 FAIRFAX DRIVE sales between March 1998 and March 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 August 2013 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2020 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.
43 FAIRFAX DRIVE is 81m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 40% 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 43 FAIRFAX DRIVE lies on this distribution: 32% of detached houses are smaller than 43 FAIRFAX DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.
43 FAIRFAX DRIVE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 43 FAIRFAX 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 43 FAIRFAX 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.
43 FAIRFAX DRIVE is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 43 on FAIRFAX DRIVE.