31, GRAYS WAY, CANTERBURY, CT1 3XY - £280,000

31 GRAYS WAY is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £280,000 in March 2015, which was around 23% below the average March 2015 detached price in the Canterbury local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

31 GRAYS WAY Sold Prices

Land registry data shows two sales for 31 GRAYS WAY 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 31 GRAYS WAY 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
2015 20 MAR	£280,000	£363,734	23% below HPI
1996 11 DEC	£83,000	£91,398	9% below HPI

31 GRAYS WAY 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 31 GRAYS WAY sales from December 1996 and March 2015 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 1996 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2015 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 31 GRAYS WAY?

31 GRAYS WAY is 78m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of detached houses in Canterbury, based on EPC data. The below chart shows the distribution of detached houses by size in Canterbury, and where 31 GRAYS WAY lies on this distribution: 8% of detached houses are smaller than 31 GRAYS WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Canterbury.

31 GRAYS WAY: Plot and Title Map

31 GRAYS WAY sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 31 GRAYS WAY, 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 31 GRAYS WAY). 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 31 GRAYS WAY?

31 GRAYS WAY is located in CANTERBURY, in the CT1 postcode district. The below map shows the position of No. 31 on GRAYS WAY.