8, OYSTER CLOSE, HERNE BAY, CT6 8FG - £412,000

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

8 OYSTER CLOSE is a large detached house of 111m², built sometime between 2003 and 2006. It was last sold for £412,000 in June 2023, which was around 18% below the average June 2023 detached price in the Canterbury local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

8 OYSTER CLOSE Sold Prices

Land registry data shows five sales for 8 OYSTER CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Canterbury local authority area for the corresponding sale date. All of the five 8 OYSTER CLOSE 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
2023 2 JUN	£412,000	£503,202	18% below HPI
2017 9 FEB	£219,000	£422,372	48% below HPI
2013 3 MAY	£176,000	£309,242	43% below HPI
1999 25 NOV	£82,500	£125,147	34% below HPI
1998 30 APR	£73,000	£103,638	30% below HPI

8 OYSTER CLOSE 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 five 8 OYSTER CLOSE sales between April 1998 and June 2023 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 2017 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the June 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 8 OYSTER CLOSE?

8 OYSTER CLOSE is 111m² according to the EPC inspection conducted in March 2023. This puts it in the largest 40% 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 8 OYSTER CLOSE lies on this distribution: 63% of detached houses are smaller than 8 OYSTER CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.

8 OYSTER CLOSE: Plot and Title Map

8 OYSTER CLOSE sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 8 OYSTER CLOSE, 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 8 OYSTER CLOSE). 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 8 OYSTER CLOSE?

8 OYSTER CLOSE is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 8 on OYSTER CLOSE.