5, RILEY AVENUE, HERNE BAY, CT6 8AS - £258,000

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 RILEY AVENUE is a very small detached house of 60m², built sometime between 1930 and 1949. It was last sold for £258,000 in May 2022, which was around 51% below the average May 2022 detached price in the Canterbury local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

5 RILEY AVENUE Sold Prices

Land registry data shows three sales for 5 RILEY AVENUE 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. All of the three 5 RILEY AVENUE 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
2022 31 MAY	£258,000	£523,199	51% below HPI
2021 25 JUN	£175,000	£482,282	64% below HPI
2000 20 SEP	£46,000	£146,971	69% below HPI

5 RILEY AVENUE 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 RILEY AVENUE sales between September 2000 and May 2022 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 June 2021 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the May 2022 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 5 RILEY AVENUE?

5 RILEY AVENUE is 60m² according to the EPC inspection conducted in November 2013. 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 RILEY AVENUE lies on this distribution: 9% of detached houses are smaller than 5 RILEY AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.

5 RILEY AVENUE: Plot and Title Map

5 RILEY AVENUE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 5 RILEY AVENUE, 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 RILEY AVENUE). 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 RILEY AVENUE?

5 RILEY AVENUE is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 5 on RILEY AVENUE.