7, MARKET STREET, HERNE BAY, CT6 5PP - £218,000

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 MARKET STREET is a very small extended detached house of 42m², built sometime before 1900. It was last sold for £218,000 in February 2019, which was around 53% below the average February 2019 detached price in the Canterbury local authority area. The most recent EPC inspection was September 2017, where the current energy rating was E, and the potential energy rating was B.

7 MARKET STREET Sold Prices

Land registry data shows two sales for 7 MARKET STREET 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 MARKET STREET 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 4 FEB	£218,000	£461,624	53% below HPI
2001 1 SEP	£73,000	£168,987	57% below HPI

7 MARKET STREET 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 MARKET STREET sales from September 2001 and February 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 September 2001 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the February 2019 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 7 MARKET STREET?

7 MARKET STREET is 42m², which includes one extension, according to the EPC inspection conducted in September 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 7 MARKET STREET lies on this distribution: 1% of detached houses are smaller than 7 MARKET STREET, and 99% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.

7 MARKET STREET: Plot and Title Map

7 MARKET STREET sits on a plot of roughly 0.019 of an acre, or 78m². The below map shows the location of 7 MARKET STREET, 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 MARKET STREET). 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 MARKET STREET?

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