OLD POST OFFICE, THE STREET, PRESTON, CANTERBURY, CT3 1DZ - £450,000

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

OLD POST OFFICE is a small extended detached house of 127m², built sometime before 1900. It was last sold for £450,000 in December 2018, which was around 10% above the average December 2018 detached price in the Dover local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was A.

OLD POST OFFICE Sold Prices

Land registry data shows two sales for OLD POST OFFICE 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 OLD POST OFFICE 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 14 DEC	£450,000	£410,658	10% above HPI
2010 7 DEC	£292,500	£271,447	8% above HPI

OLD POST OFFICE 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 OLD POST OFFICE sales from December 2010 and December 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 December 2010 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2018 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is OLD POST OFFICE?

OLD POST OFFICE is 127m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the smallest 30% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where OLD POST OFFICE lies on this distribution: 26% of detached houses are smaller than OLD POST OFFICE, and 74% of houses are larger. Note that EPC data is not available for all properties in Preston.

OLD POST OFFICE: Plot and Title Map

OLD POST OFFICE sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of OLD POST OFFICE, 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 OLD POST OFFICE). 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 OLD POST OFFICE?

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