JAPONICA, THE STREET, PRESTON, CANTERBURY, CT3 1DU - £585,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

JAPONICA is a very large detached house of 230m², built sometime between 1930 and 1949. It was last sold for £585,000 in January 2018, which was around 48% above the average January 2018 detached price in the Dover local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was E.

JAPONICA Sold Prices

Land registry data shows three sales for JAPONICA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dover local authority area for the corresponding sale date. All of the three JAPONICA sales were for above 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 15 JAN	£585,000	£395,858	48% above HPI
2015 12 NOV	£540,000	£336,645	60% above HPI
2014 1 JUL	£539,000	£295,914	82% above HPI

JAPONICA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dover local authority area over time, sourced from the HPI. The three JAPONICA sales between July 2014 and January 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 November 2015 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the January 2018 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is JAPONICA?

JAPONICA is 230m² according to the EPC inspection conducted in April 2009. This puts it in the largest 20% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where JAPONICA lies on this distribution: 87% of detached houses are smaller than JAPONICA, and 13% of houses are larger. Note that EPC data is not available for all properties in Preston.

JAPONICA: Plot and Title Map

JAPONICA sits on a plot of roughly 0.423 of an acre, or 1,710m². The below map shows the location of JAPONICA, 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 JAPONICA). 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 JAPONICA?

JAPONICA is located on THE STREET in PRESTON, in the CT3 postcode district. The below map shows the position of JAPONICA on THE STREET.