59, CORMORANT WAY, HERNE BAY, CT6 6HG - £500,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

59 CORMORANT WAY is a very large detached house of 149m², built sometime between 1996 and 2002, which could now be worth an estimated £552,365. It was last sold for £500,000 in December 2020, which was around 3% below the average December 2020 detached price in the Canterbury local authority area. The most recent EPC inspection was January 2025, where the current energy rating was C, and the potential energy rating was C.

59 CORMORANT WAY Sold Prices

Land registry data shows three sales for 59 CORMORANT WAY 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. Two of the three 59 CORMORANT WAY sales were for below the average price, whilst one was 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
2020 18 DEC	£500,000	£516,413	3% below HPI
2015 18 MAR	£366,000	£383,751	5% below HPI
2003 9 JUL	£279,995	£237,315	18% above HPI

59 CORMORANT WAY 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 59 CORMORANT WAY sales between July 2003 and December 2020 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 2015 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2020 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 59 CORMORANT WAY be worth now?

59 CORMORANT WAY might now be worth an estimated £552,365.

This is based on house price inflation of 10.5%, between December 2020 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 10.5% inflationary increase is applied to the most recent sale price for 59 CORMORANT WAY of £500,000 on 18th December 2020. For the value to have increased from £500,000 to £552,365 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 59 CORMORANT WAY has moved in line with the HPI for detached houses in the Canterbury local authority area.
• The December 2020 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 59 CORMORANT WAY has not materially changed since December 2020.

How Large is 59 CORMORANT WAY?

59 CORMORANT WAY is 149m² according to the EPC inspection conducted in January 2025. This puts it in the largest 20% 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 59 CORMORANT WAY lies on this distribution: 87% of detached houses houses are smaller than 59 CORMORANT WAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.

59 CORMORANT WAY: Plot and Title Map

59 CORMORANT WAY sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 59 CORMORANT WAY, 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 59 CORMORANT WAY). 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 59 CORMORANT WAY?

59 CORMORANT WAY is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 59 on CORMORANT WAY.