Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
NEWSTEAD is a large extended detached house of 124m², built sometime between 1976 and 1982. It was last sold for £507,000 in May 2021, which was around 6% above the average May 2021 detached price in the Canterbury local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for NEWSTEAD since 1st 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. One of the three NEWSTEAD sales was for above the average price, whilst two were for 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 |
---|---|---|---|
2021 10 MAY | £507,000 | £477,924 | 6% above HPI |
2018 3 APR | £418,000 | £450,763 | 7% below HPI |
2000 20 DEC | £125,000 | £152,961 | 18% below HPI |
The below graph shows the average detached house price in the Canterbury local authority area over time, sourced from the HPI. The three NEWSTEAD sales between December 2000 and May 2021 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 April 2018 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2021 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.
NEWSTEAD is 124m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the largest 30% 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 NEWSTEAD lies on this distribution: 73% of detached houses are smaller than NEWSTEAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.
NEWSTEAD sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of NEWSTEAD, 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 NEWSTEAD). 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.
NEWSTEAD is located on FRESHLANDS in HERNE BAY, in the CT6 postcode district. The below map shows the position of NEWSTEAD on FRESHLANDS.