7, THE TERRACE, CANTERBURY, CT2 7AJ - £625,000

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 THE TERRACE is a very large detached house of 174m², built sometime between 1967 and 1975. It was last sold for £625,000 in August 2016, which was around 52% above the average August 2016 detached price in the Canterbury local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

7 THE TERRACE Sold Prices

Land registry data shows two sales for 7 THE TERRACE 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 THE TERRACE sales were 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
2016 19 AUG	£625,000	£411,183	52% above HPI
2006 13 OCT	£405,000	£277,529	46% above HPI

7 THE TERRACE 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 THE TERRACE sales from October 2006 and August 2016 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 October 2006 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the August 2016 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 7 THE TERRACE?

7 THE TERRACE is 174m² according to the EPC inspection conducted in May 2015. This puts it in the largest 20% of detached houses in Canterbury, based on EPC data. The below chart shows the distribution of detached houses by size in Canterbury, and where 7 THE TERRACE lies on this distribution: 83% of detached houses are smaller than 7 THE TERRACE, and 17% of houses are larger. Note that EPC data is not available for all properties in Canterbury.

7 THE TERRACE: Plot and Title Map

7 THE TERRACE sits on a plot of roughly 0.170 of an acre, or 689m². The below map shows the location of 7 THE TERRACE, 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 THE TERRACE). 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 THE TERRACE?

7 THE TERRACE is located in CANTERBURY, in the CT2 postcode district. The below map shows the position of No. 7 on THE TERRACE.