OMEGA, BARN CLOSE, YORKLETTS, WHITSTABLE, CT5 3AF - £255,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

OMEGA is a very small extended detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £362,989. It was last sold for £255,000 in October 2015, which was around 36% below the average October 2015 detached price in the Canterbury local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

OMEGA Sold Prices

Land registry data shows three sales for OMEGA since 1^st 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. All of the three OMEGA sales 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
2015 30 OCT	£255,000	£400,775	36% below HPI
2006 20 SEP	£220,000	£292,283	25% below HPI
2004 9 JUL	£105,000	£271,947	61% below HPI

OMEGA 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 three OMEGA sales between July 2004 and October 2015 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 September 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2015 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might OMEGA be worth now?

OMEGA might now be worth an estimated £362,989.

This is based on house price inflation of 42.3%, between October 2015 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 42.3% inflationary increase is applied to the most recent sale price for OMEGA of £255,000 on 30th October 2015. For the value to have increased from £255,000 to £362,989 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of OMEGA has moved in line with the HPI for detached houses in the Canterbury local authority area.
• The October 2015 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of OMEGA has not materially changed since October 2015.

How Large is OMEGA?

OMEGA is 83m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses houses in Yorkletts, based on EPC data. The below chart shows the distribution of detached houses houses by size in Yorkletts, and where OMEGA lies on this distribution: 19% of detached houses houses are smaller than OMEGA, and 81% of houses are larger. Note that EPC data is not available for all properties in Yorkletts.

OMEGA: Plot and Title Map

OMEGA sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of OMEGA, 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 OMEGA). 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 OMEGA?

OMEGA is located on BARN CLOSE in YORKLETTS, in the CT5 postcode district. The below map shows the position of OMEGA on BARN CLOSE.