THE OLD TELEPHONE EXCHANGE, THE STREET, PRESTON, CANTERBURY, CT3 1ED - £180,000

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.

THE OLD TELEPHONE EXCHANGE is a very small extended detached house of 43m², built sometime between 1930 and 1949, which could now be worth an estimated £181,468. It was last sold for £180,000 in June 2022, which was around 64% below the average June 2022 detached price in the Dover local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

THE OLD TELEPHONE EXCHANGE Sold Prices

Land registry data shows three sales for THE OLD TELEPHONE EXCHANGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dover local authority area for the corresponding sale date. All of the three THE OLD TELEPHONE EXCHANGE 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
2022 27 JUN	£180,000	£499,723	64% below HPI
2009 3 MAR	£92,500	£242,744	62% below HPI
2002 24 APR	£85,000	£174,476	51% below HPI

THE OLD TELEPHONE EXCHANGE 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 three THE OLD TELEPHONE EXCHANGE sales between April 2002 and June 2022 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 March 2009 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the June 2022 sale, where it falls to 64% below the HPI. The line then continues to track at 64% below the HPI.

What might THE OLD TELEPHONE EXCHANGE be worth now?

THE OLD TELEPHONE EXCHANGE might now be worth an estimated £181,468.

This is based on house price inflation of 0.8%, between June 2022 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 0.8% inflationary increase is applied to the most recent sale price for THE OLD TELEPHONE EXCHANGE of £180,000 on 27th June 2022. For the value to have increased from £180,000 to £181,468 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of THE OLD TELEPHONE EXCHANGE has moved in line with the HPI for detached houses in the Dover local authority area.
• The June 2022 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD TELEPHONE EXCHANGE has not materially changed since June 2022.

How Large is THE OLD TELEPHONE EXCHANGE?

THE OLD TELEPHONE EXCHANGE is 43m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% 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 THE OLD TELEPHONE EXCHANGE lies on this distribution: Less than 1% of detached houses houses are smaller than THE OLD TELEPHONE EXCHANGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Preston.

THE OLD TELEPHONE EXCHANGE: Plot and Title Map

THE OLD TELEPHONE EXCHANGE sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of THE OLD TELEPHONE EXCHANGE, 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 OLD TELEPHONE EXCHANGE). 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 OLD TELEPHONE EXCHANGE?

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