THE BIGHT, SPA ESPLANADE, HERNE BAY, CT6 8EP - £425,000

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

THE BIGHT is a very large detached house of 174m², built sometime between 1950 and 1966. It was last sold for £425,000 in April 2010, which was around 48% above the average April 2010 detached price in the Canterbury local authority area. The most recent EPC inspection was January 2009, where the current energy rating was F, and the potential energy rating was E.

THE BIGHT Sold Prices

Land registry data shows three sales for THE BIGHT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Canterbury local authority area for the corresponding sale date. All of the three THE BIGHT 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
2010 15 APR	£425,000	£287,464	48% above HPI
2007 7 DEC	£515,000	£310,145	66% above HPI
2002 3 MAY	£320,000	£174,093	84% above HPI

THE BIGHT 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 three THE BIGHT sales between May 2002 and April 2010 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 December 2007 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the April 2010 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is THE BIGHT?

THE BIGHT is 174m² according to the EPC inspection conducted in January 2009. This puts it in the largest 10% of detached houses in Herne Bay, based on EPC data. The below chart shows the distribution of detached houses by size in Herne Bay, and where THE BIGHT lies on this distribution: 93% of detached houses are smaller than THE BIGHT, and 7% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.

THE BIGHT: Plot and Title Map

THE BIGHT sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of THE BIGHT, 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 THE BIGHT). 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 THE BIGHT?

THE BIGHT is located on SPA ESPLANADE in HERNE BAY, in the CT6 postcode district. The below map shows the position of THE BIGHT on SPA ESPLANADE.