7, ALBION LANE, HERNE BAY, CT6 7LR - £290,000

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

7 ALBION LANE is a very small extended detached house of 77m², built sometime between 1930 and 1949. It was last sold for £290,000 in February 2017, which was around 31% below the average February 2017 detached price in the Canterbury local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

7 ALBION LANE Sold Prices

Land registry data shows two sales for 7 ALBION LANE 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 7 ALBION LANE 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
2017 9 FEB	£290,000	£422,372	31% below HPI
1998 10 FEB	£75,000	£100,226	25% below HPI

7 ALBION LANE 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 7 ALBION LANE sales from February 1998 and February 2017 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 February 1998 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 7 ALBION LANE?

7 ALBION LANE is 77m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of detached houses in Herne, based on EPC data. The below chart shows the distribution of detached houses by size in Herne, and where 7 ALBION LANE lies on this distribution: 17% of detached houses are smaller than 7 ALBION LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Herne.

7 ALBION LANE: Plot and Title Map

7 ALBION LANE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 7 ALBION LANE, 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 7 ALBION LANE). 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 7 ALBION LANE?

7 ALBION LANE is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 7 on ALBION LANE.