GROVE HOUSE, OXENDEN SQUARE, HERNE BAY, CT6 8TN - £570,000

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

GROVE HOUSE is a large detached house of 110m², built sometime before 1900. It was last sold for £570,000 in October 2023, which was around 8% above the average October 2023 detached price in the Canterbury local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

GROVE HOUSE Sold Prices

Land registry data shows three sales for GROVE HOUSE 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. The three GROVE HOUSE sales were a mix of above the average price, roughly equal to the average price, and 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 20 OCT	£570,000	£526,005	8% above HPI
2017 21 JUL	£418,000	£434,040	4% below HPI
2002 30 AUG	£190,000	£189,331	Close to HPI

GROVE HOUSE 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 GROVE HOUSE sales between August 2002 and October 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 July 2017 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2023 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is GROVE HOUSE?

GROVE HOUSE is 110m² according to the EPC inspection conducted in February 2022. 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 GROVE HOUSE lies on this distribution: 62% of detached houses are smaller than GROVE HOUSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.

GROVE HOUSE: Plot and Title Map

GROVE HOUSE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of GROVE HOUSE, 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 GROVE HOUSE). 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 GROVE HOUSE?

GROVE HOUSE is located on OXENDEN SQUARE in HERNE BAY, in the CT6 postcode district. The below map shows the position of GROVE HOUSE on OXENDEN SQUARE.