81, GRAND DRIVE, HERNE BAY, CT6 8LL - £355,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

81 GRAND DRIVE is a small extended detached house of 83m², built sometime between 1930 and 1949. It was last sold for £355,000 in May 2022, which was around 32% below the average May 2022 detached price in the Canterbury local authority area. The most recent EPC inspection was September 2021, where the current energy rating was E, and the potential energy rating was B.

81 GRAND DRIVE Sold Prices

Land registry data shows four sales for 81 GRAND DRIVE 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 81 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
2022 31 MAY	£355,000	£523,198	32% below HPI
2003 14 MAR	£169,995	£214,516	21% below HPI
2001 8 JUN	£129,000	£156,713	18% below HPI
1997 13 JUN	£58,000	£97,636	41% below HPI

81 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 four 81 GRAND DRIVE sales between June 1997 and May 2022 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 March 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 81 GRAND DRIVE?

81 GRAND DRIVE is 83m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 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 81 GRAND DRIVE lies on this distribution: 35% of detached houses are smaller than 81 GRAND DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.

81 GRAND DRIVE: Plot and Title Map

81 GRAND DRIVE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 81 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 81 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 81 GRAND DRIVE?

81 GRAND DRIVE is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 81 on GRAND DRIVE.