THREE WAYS, WEST CLIFF DRIVE, HERNE BAY, CT6 8DA - £478,500

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

THREE WAYS is a large extended detached house of 116m², built sometime between 1950 and 1966. It was last sold for £478,500 in December 2023, which was around 6% below the average December 2023 detached price in the Canterbury local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

THREE WAYS Sold Prices

Land registry data shows three sales for THREE WAYS 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 THREE WAYS 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
2023 4 DEC	£478,500	£507,385	6% below HPI
2013 14 JUN	£172,500	£311,181	45% below HPI
2011 25 AUG	£177,000	£298,865	41% below HPI

THREE WAYS 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 THREE WAYS sales between August 2011 and December 2023 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 June 2013 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the December 2023 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is THREE WAYS?

THREE WAYS is 116m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 40% 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 THREE WAYS lies on this distribution: 66% of detached houses are smaller than THREE WAYS, and 33% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.

THREE WAYS: Plot and Title Map

THREE WAYS sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of THREE WAYS, 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 THREE WAYS). 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 THREE WAYS?

THREE WAYS is located on WEST CLIFF DRIVE in HERNE BAY, in the CT6 postcode district. The below map shows the position of THREE WAYS on WEST CLIFF DRIVE.