Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
5 RENAULT CLOSE is a very small extended detached house of 50m², built sometime between 1930 and 1949. It was last sold for £232,000 in November 2019, which was around 49% below the average November 2019 detached price in the Canterbury local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 5 RENAULT CLOSE 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 5 RENAULT CLOSE 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 |
---|---|---|---|
2019 29 NOV | £232,000 | £455,962 | 49% below HPI |
2002 12 JUL | £63,500 | £183,784 | 65% below HPI |
The below graph shows the average detached house price in the Canterbury local authority area over time, sourced from the HPI. The two 5 RENAULT CLOSE sales from July 2002 and November 2019 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 2002 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the November 2019 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.
5 RENAULT CLOSE is 50m², which includes two extensions, according to the EPC inspection conducted in December 2017. This puts it in the smallest 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 5 RENAULT CLOSE lies on this distribution: 2% of detached houses are smaller than 5 RENAULT CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.
5 RENAULT CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 5 RENAULT 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 RENAULT 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.
5 RENAULT CLOSE is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 5 on RENAULT CLOSE.