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
48 WESTERN ESPLANADE is a large detached house of 122m², built sometime between 1967 and 1975. It was last sold for £675,000 in September 2023, which was around 27% above the average September 2023 detached price in the Canterbury local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 48 WESTERN ESPLANADE since 1st 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 48 WESTERN ESPLANADE 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 14 SEP | £675,000 | £533,532 | 27% above HPI |
2014 15 JUL | £450,000 | £352,438 | 28% above HPI |
2003 5 DEC | £242,000 | £235,313 | 3% above HPI |
The below graph shows the average detached house price in the Canterbury local authority area over time, sourced from the HPI. The three 48 WESTERN ESPLANADE sales between December 2003 and September 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 July 2014 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the September 2023 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.
48 WESTERN ESPLANADE is 122m² according to the EPC inspection conducted in September 2013. This puts it in the largest 30% 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 48 WESTERN ESPLANADE lies on this distribution: 71% of detached houses are smaller than 48 WESTERN ESPLANADE, and 28% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.
48 WESTERN ESPLANADE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 48 WESTERN ESPLANADE, 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 48 WESTERN ESPLANADE). 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.
48 WESTERN ESPLANADE is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 48 on WESTERN ESPLANADE.