NEW HOUSE, OXENDEN SQUARE, HERNE BAY, CT6 8TN - £735,000

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

NEW HOUSE is a very large extended detached house of 175m², built sometime between 1950 and 1966. It was last sold for £735,000 in March 2023, which was around 31% above the average March 2023 detached price in the Canterbury local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was C.

NEW HOUSE Sold Prices

Land registry data shows two sales for NEW HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Canterbury local authority area for the corresponding sale date. Both of the two NEW HOUSE 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
2023 3 MAR	£735,000	£560,209	31% above HPI
2002 26 JUN	£250,000	£177,931	41% above HPI

NEW 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 two NEW HOUSE sales from June 2002 and March 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 June 2002 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the March 2023 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is NEW HOUSE?

NEW HOUSE is 175m², which includes two extensions, according to the EPC inspection conducted in December 2021. This puts it in the largest 10% 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 NEW HOUSE lies on this distribution: 94% of detached houses are smaller than NEW HOUSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.

NEW HOUSE: Plot and Title Map

NEW HOUSE sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of NEW 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 NEW 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 NEW HOUSE?

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