83, SCHOOL LANE, HERNE BAY, CT6 7AR - £415,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

83 SCHOOL LANE is a midsized extended detached house of 109m², which could now be worth an estimated £495,868. It was last sold for £415,000 in October 2018, which was around 13% below the average October 2018 detached price in the Canterbury local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was D.

83 SCHOOL LANE Sold Prices

Land registry data shows four sales for 83 SCHOOL LANE 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 83 SCHOOL LANE 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 18 OCT	£415,000	£477,458	13% below HPI
1996 16 SEP	£62,000	£96,022	35% below HPI
1996 10 APR	£38,000	£90,347	58% below HPI
1996 7 FEB	£27,500	£91,282	70% below HPI

83 SCHOOL LANE 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 83 SCHOOL LANE sales between February 1996 and October 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 September 1996 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2018 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 83 SCHOOL LANE be worth now?

83 SCHOOL LANE might now be worth an estimated £495,868.

This is based on house price inflation of 19.5%, between October 2018 and February 2025, for detached houses, in the Canterbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.5% inflationary increase is applied to the most recent sale price for 83 SCHOOL LANE of £415,000 on 18th October 2018. For the value to have increased from £415,000 to £495,868 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 83 SCHOOL LANE has moved in line with the HPI for detached houses in the Canterbury local authority area.
• The October 2018 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 83 SCHOOL LANE has not materially changed since October 2018.

How Large is 83 SCHOOL LANE?

83 SCHOOL LANE is 109m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the largest 50% of detached houses houses in Herne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Herne, and where 83 SCHOOL LANE lies on this distribution: 55% of detached houses houses are smaller than 83 SCHOOL LANE, and 45% of houses are larger. Note that EPC data is not available for all properties in Herne.

83 SCHOOL LANE: Plot and Title Map

83 SCHOOL LANE sits on a plot of roughly 0.132 of an acre, or 536m². The below map shows the location of 83 SCHOOL LANE, 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 83 SCHOOL LANE). 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 83 SCHOOL LANE?

83 SCHOOL LANE is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 83 on SCHOOL LANE.