5, RENAULT CLOSE, HERNE BAY, CT6 8AJ - £232,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 RENAULT CLOSE is a very small extended detached house of 50m², built sometime between 1930 and 1949, which could now be worth an estimated £275,136. It was last sold for £232,000 in November 2019, which was around 52% 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.

5 RENAULT CLOSE Sold Prices

Land registry data shows two sales for 5 RENAULT CLOSE since 1^st 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	£481,054	52% below HPI
2002 12 JUL	£63,500	£193,898	67% below HPI

5 RENAULT 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 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 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the November 2019 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 5 RENAULT CLOSE be worth now?

5 RENAULT CLOSE might now be worth an estimated £275,136.

This is based on house price inflation of 18.6%, between November 2019 and February 2025, for detached houses, in the Canterbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.6% inflationary increase is applied to the most recent sale price for 5 RENAULT CLOSE of £232,000 on 29th November 2019. For the value to have increased from £232,000 to £275,136 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 RENAULT CLOSE has moved in line with the HPI for detached houses in the Canterbury local authority area.
• The November 2019 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RENAULT CLOSE has not materially changed since November 2019.

How Large is 5 RENAULT CLOSE?

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 houses in Herne Bay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Herne Bay, and where 5 RENAULT CLOSE lies on this distribution: 2% of detached houses 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: Plot and Title Map

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.

Where is 5 RENAULT CLOSE?

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.