PARK LODGE, STATION CHINE, HERNE BAY, CT6 5SS - £390,000

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.

PARK LODGE is a midsized detached house of 91m², which could now be worth an estimated £430,845. It was last sold for £390,000 in December 2020, which was around 24% below the average December 2020 detached price in the Canterbury local authority area. The most recent EPC inspection was February 2019, where the current energy rating was B, and the potential energy rating was A.

PARK LODGE Sold Prices

Land registry data shows two sales for PARK LODGE 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 PARK LODGE 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
2020 7 DEC	£390,000	£516,413	24% below HPI
2019 5 APR	£325,000	£482,438	33% below HPI

PARK LODGE 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 PARK LODGE sales from April 2019 and December 2020 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 2019 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2020 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might PARK LODGE be worth now?

PARK LODGE might now be worth an estimated £430,845.

This is based on house price inflation of 10.5%, between December 2020 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 10.5% inflationary increase is applied to the most recent sale price for PARK LODGE of £390,000 on 7th December 2020. For the value to have increased from £390,000 to £430,845 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of PARK LODGE has moved in line with the HPI for detached houses in the Canterbury local authority area.
• The December 2020 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of PARK LODGE has not materially changed since December 2020.

How Large is PARK LODGE?

PARK LODGE is 91m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 50% 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 PARK LODGE lies on this distribution: 45% of detached houses houses are smaller than PARK LODGE, and 54% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.

PARK LODGE: Plot and Title Map

PARK LODGE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of PARK LODGE, 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 PARK LODGE). 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 PARK LODGE?

PARK LODGE, STATION CHINE is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of PARK LODGE, STATION CHINE in HERNE BAY.