RIVA, THE STREET, PRESTON, CANTERBURY, CT3 1ED - £235,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

RIVA is a very small extended detached house of 118m², built sometime between 1950 and 1966. It was last sold for £235,000 in May 2006, which was around 7% below the average May 2006 detached price in the Dover local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

RIVA Sold Prices

Land registry data shows two sales for RIVA 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 RIVA 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
2006 26 MAY	£235,000	£252,804	7% below HPI
1997 25 APR	£82,000	£88,721	8% below HPI

RIVA 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 RIVA sales from April 1997 and May 2006 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 1997 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2006 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is RIVA?

RIVA is 118m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 20% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where RIVA lies on this distribution: 17% of detached houses are smaller than RIVA, and 83% of houses are larger. Note that EPC data is not available for all properties in Preston.

RIVA: Plot and Title Map

RIVA sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of RIVA, 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 RIVA). 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 RIVA?

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