7, RILEY AVENUE, HERNE BAY, CT6 8AT - £227,500

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

7 RILEY AVENUE is a very small extended detached house of 48m², built sometime between 1930 and 1949. It was last sold for £227,500 in January 2018, which was around 49% below the average January 2018 detached price in the Canterbury local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

7 RILEY AVENUE Sold Prices

Land registry data shows four sales for 7 RILEY AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Canterbury local authority area for the corresponding sale date. All of the four 7 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
2018 31 JAN	£227,500	£444,992	49% below HPI
2012 8 AUG	£164,000	£304,471	46% below HPI
2005 16 SEP	£149,000	£262,280	43% below HPI
1998 18 JUN	£51,995	£108,619	52% below HPI

7 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 four 7 RILEY AVENUE sales between June 1998 and January 2018 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 August 2012 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the January 2018 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 7 RILEY AVENUE?

7 RILEY AVENUE is 48m², which includes one extension, according to the EPC inspection conducted in March 2012. 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 RILEY AVENUE lies on this distribution: 1% of detached houses are smaller than 7 RILEY AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.

7 RILEY AVENUE: Plot and Title Map

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

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