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

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.

NEW HOUSE is a very large extended detached house of 175m², built sometime between 1950 and 1966, which could now be worth an estimated £709,455. It was last sold for £735,000 in March 2023, which was around 24% 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	£591,039	24% above HPI
2002 26 JUN	£250,000	£187,723	33% 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 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the March 2023 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might NEW HOUSE be worth now?

NEW HOUSE might now be worth an estimated £709,455.

This is based on house price deflation of 3.5%, between March 2023 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 3.5% deflationary decrease is applied to the most recent sale price for NEW HOUSE of £735,000 on 3rd March 2023. For the value to have decreased from £735,000 to £709,455 over the two years and one month to February 2025, the following assumptions must hold true:

• The value of NEW HOUSE has moved in line with the HPI for detached houses in the Canterbury local authority area.
• The March 2023 sale price of £735,000 represented a fair market value for the property.
• The size, condition, and specification of NEW HOUSE has not materially changed since March 2023.

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 houses in Herne Bay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Herne Bay, and where NEW HOUSE lies on this distribution: 94% of detached houses 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.