3, COLLARD CLOSE, HERNE BAY, CT6 6EP - £325,000

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.

3 COLLARD CLOSE is a very small detached house of 71m², built sometime between 1976 and 1982, which could now be worth an estimated £369,099. It was last sold for £325,000 in December 2019, which was around 33% below the average December 2019 detached price in the Canterbury local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

3 COLLARD CLOSE Sold Prices

Land registry data shows two sales for 3 COLLARD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Canterbury local authority area for the corresponding sale date. Both of the two 3 COLLARD CLOSE 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
2019 5 DEC	£325,000	£485,060	33% below HPI
2017 31 AUG	£275,000	£460,342	40% below HPI

3 COLLARD CLOSE 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 two 3 COLLARD CLOSE sales from August 2017 and December 2019 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 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the December 2019 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 3 COLLARD CLOSE be worth now?

3 COLLARD CLOSE might now be worth an estimated £369,099.

This is based on house price inflation of 13.6%, between December 2019 and May 2026, for detached houses, in the Canterbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.6% inflationary increase is applied to the most recent sale price for 3 COLLARD CLOSE of £325,000 on 5th December 2019. For the value to have increased from £325,000 to £369,099 over the seven years and seven months to May 2026, the following assumptions must hold true:

• The value of 3 COLLARD CLOSE has moved in line with the HPI for detached houses in the Canterbury local authority area.
• The December 2019 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 3 COLLARD CLOSE has not materially changed since December 2019.

How Large is 3 COLLARD CLOSE?

3 COLLARD CLOSE is 71m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% of detached houses houses in Herne Bay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Herne Bay, and where 3 COLLARD CLOSE lies on this distribution: 19% of detached houses houses are smaller than 3 COLLARD CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.

3 COLLARD CLOSE: Plot and Title Map

3 COLLARD CLOSE sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of 3 COLLARD CLOSE, 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 3 COLLARD CLOSE). 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 3 COLLARD CLOSE?

3 COLLARD CLOSE is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 3 on COLLARD CLOSE.