5, MAJOR CLOSE, WHITSTABLE, CT5 3RE - £545,000

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

5 MAJOR CLOSE is a large extended detached house of 125m², built sometime between 2003 and 2006. It was last sold for £545,000 in May 2024, which was around 8% above the average May 2024 detached price in the Canterbury local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

5 MAJOR CLOSE Sold Prices

Land registry data shows three sales for 5 MAJOR CLOSE 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. One of the three 5 MAJOR CLOSE sales was for above the average price, whilst two 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
2024 23 MAY	£545,000	£504,974	8% above HPI
2016 29 MAR	£385,000	£396,707	3% below HPI
2003 31 OCT	£203,000	£234,217	13% below HPI

5 MAJOR CLOSE 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 5 MAJOR CLOSE sales between October 2003 and May 2024 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 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2024 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 5 MAJOR CLOSE?

5 MAJOR CLOSE is 125m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 40% of detached houses in Whitstable, based on EPC data. The below chart shows the distribution of detached houses by size in Whitstable, and where 5 MAJOR CLOSE lies on this distribution: 61% of detached houses are smaller than 5 MAJOR CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Whitstable.

5 MAJOR CLOSE: Plot and Title Map

5 MAJOR CLOSE sits on a plot of roughly 0.081 of an acre, or 330m². The below map shows the location of 5 MAJOR CLOSE, 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 5 MAJOR CLOSE). 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 5 MAJOR CLOSE?

5 MAJOR CLOSE is located in WHITSTABLE, in the CT5 postcode district. The below map shows the position of No. 5 on MAJOR CLOSE.