78, GRAND DRIVE, HERNE BAY, CT6 8LL - £175,000

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

78 GRAND DRIVE is a very small extended detached house of 58m², built sometime between 1930 and 1949. It was last sold for £175,000 in December 2012, which was around 43% below the average December 2012 detached price in the Canterbury local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

78 GRAND DRIVE Sold Prices

Land registry data shows three sales for 78 GRAND DRIVE 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. All of the three 78 GRAND DRIVE 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
2012 17 DEC	£175,000	£305,139	43% below HPI
2012 29 JUN	£130,000	£305,224	57% below HPI
1997 18 JUL	£67,950	£98,519	31% below HPI

78 GRAND DRIVE 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 78 GRAND DRIVE sales between July 1997 and December 2012 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 June 2012 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the December 2012 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 78 GRAND DRIVE?

78 GRAND DRIVE is 58m², which includes one extension, according to the EPC inspection conducted in May 2024. 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 78 GRAND DRIVE lies on this distribution: 7% of detached houses are smaller than 78 GRAND DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.

78 GRAND DRIVE: Plot and Title Map

78 GRAND DRIVE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 78 GRAND DRIVE, 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 78 GRAND DRIVE). 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 78 GRAND DRIVE?

78 GRAND DRIVE is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 78 on GRAND DRIVE.