SALTERS DROVE, STOURMOUTH ROAD, PRESTON, CANTERBURY, CT3 1HP - £435,000

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.

SALTERS DROVE is a very small detached house of 97m², built sometime between 1930 and 1949, which could now be worth an estimated £542,873. It was last sold for £435,000 in May 2018, which was around 8% above the average May 2018 detached price in the Dover local authority area. The most recent EPC inspection was April 2017, where the current energy rating was G, and the potential energy rating was B.

SALTERS DROVE Sold Prices

Land registry data shows two sales for SALTERS DROVE 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 SALTERS DROVE sales were for above 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
2018 4 MAY	£435,000	£403,690	8% above HPI
2017 31 AUG	£455,000	£399,896	14% above HPI

SALTERS DROVE 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 SALTERS DROVE sales from August 2017 and May 2018 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 August 2017 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the May 2018 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might SALTERS DROVE be worth now?

SALTERS DROVE might now be worth an estimated £542,873.

This is based on house price inflation of 24.8%, between May 2018 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 24.8% inflationary increase is applied to the most recent sale price for SALTERS DROVE of £435,000 on 4th May 2018. For the value to have increased from £435,000 to £542,873 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of SALTERS DROVE has moved in line with the HPI for detached houses in the Dover local authority area.
• The May 2018 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of SALTERS DROVE has not materially changed since May 2018.

How Large is SALTERS DROVE?

SALTERS DROVE is 97m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% 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 SALTERS DROVE lies on this distribution: 11% of detached houses houses are smaller than SALTERS DROVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Preston.

SALTERS DROVE: Plot and Title Map

SALTERS DROVE sits on a plot of roughly 0.417 of an acre, or 1,688m². The below map shows the location of SALTERS DROVE, 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 SALTERS DROVE). 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 SALTERS DROVE?

SALTERS DROVE is located on STOURMOUTH ROAD in PRESTON, in the CT3 postcode district. The below map shows the position of SALTERS DROVE on STOURMOUTH ROAD.