ORSEDA, ALBION LANE, HERNE BAY, CT6 7LR - £430,000

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

ORSEDA is a midsized extended detached house of 94m², built sometime between 1967 and 1975. It was last sold for £430,000 in February 2023, which was around 22% below the average February 2023 detached price in the Canterbury local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

ORSEDA Sold Prices

Land registry data shows two sales for ORSEDA 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 ORSEDA 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
2023 10 FEB	£430,000	£549,788	22% below HPI
2002 21 MAR	£142,000	£176,270	19% below HPI

ORSEDA 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 ORSEDA sales from March 2002 and February 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 March 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2023 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is ORSEDA?

ORSEDA is 94m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the smallest 50% of detached houses in Herne, based on EPC data. The below chart shows the distribution of detached houses by size in Herne, and where ORSEDA lies on this distribution: 44% of detached houses are smaller than ORSEDA, and 56% of houses are larger. Note that EPC data is not available for all properties in Herne.

ORSEDA: Plot and Title Map

ORSEDA sits on a plot of roughly 0.159 of an acre, or 642m². The below map shows the location of ORSEDA, 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 ORSEDA). 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 ORSEDA?

ORSEDA is located on ALBION LANE in HERNE BAY, in the CT6 postcode district. The below map shows the position of ORSEDA on ALBION LANE.