LONGMETE COTTAGE, PRESTON LANE, PRESTON, CANTERBURY, CT3 1EY - £405,000

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

LONGMETE COTTAGE is a very large extended detached house of 219m², built sometime between 1930 and 1949. It was last sold for £405,000 in August 2009, which was around 63% above the average August 2009 detached price in the Dover local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

LONGMETE COTTAGE Sold Prices

Land registry data shows two sales for LONGMETE COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dover local authority area for the corresponding sale date. Both of the two LONGMETE COTTAGE 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
2009 28 AUG	£405,000	£248,845	63% above HPI
2003 11 JUL	£230,000	£213,473	8% above HPI

LONGMETE COTTAGE 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 two LONGMETE COTTAGE sales from July 2003 and August 2009 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 2003 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2009 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is LONGMETE COTTAGE?

LONGMETE COTTAGE is 219m², which includes two extensions, according to the EPC inspection conducted in July 2020. 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 LONGMETE COTTAGE lies on this distribution: 83% of detached houses are smaller than LONGMETE COTTAGE, and 17% of houses are larger. Note that EPC data is not available for all properties in Preston.

LONGMETE COTTAGE: Plot and Title Map

LONGMETE COTTAGE sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of LONGMETE COTTAGE, 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 LONGMETE COTTAGE). 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 LONGMETE COTTAGE?

LONGMETE COTTAGE is located on PRESTON LANE in PRESTON, in the CT3 postcode district. The below map shows the position of LONGMETE COTTAGE on PRESTON LANE.