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

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.

RIVA is a small extended detached house of 118m², built sometime between 1950 and 1966, which could now be worth an estimated £444,469. It was last sold for £235,000 in May 2006, which was around 12% 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	£266,369	12% below HPI
1997 25 APR	£82,000	£93,481	12% 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 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2006 sale, which was also at 12% below the HPI.

What might RIVA be worth now?

RIVA might now be worth an estimated £444,469.

This is based on house price inflation of 89.1%, between May 2006 and February 2025, for detached houses, in the Dover local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 89.1% inflationary increase is applied to the most recent sale price for RIVA of £235,000 on 26th May 2006. For the value to have increased from £235,000 to £444,469 over the nineteen years and three months to February 2025, the following assumptions must hold true:

• The value of RIVA has moved in line with the HPI for detached houses in the Dover local authority area.
• The May 2006 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of RIVA has not materially changed since May 2006.

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 30% of detached houses houses in Preston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Preston, and where RIVA lies on this distribution: 20% of detached houses houses are smaller than RIVA, and 80% 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.