38, DURHAM CLOSE, CANTERBURY, CT1 3QL - £240,000

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.

38 DURHAM CLOSE is a very small extended terraced house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £271,957. It was last sold for £240,000 in July 2020, which was around 12% below the average July 2020 terraced price in the Canterbury local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

38 DURHAM CLOSE Sold Prices

Land registry data shows three sales for 38 DURHAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Canterbury local authority area for the corresponding sale date. One of the three 38 DURHAM CLOSE sales was for below the average price, whilst two 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
2020 7 JUL	£240,000	£273,058	12% below HPI
2015 1 DEC	£245,000	£223,409	10% above HPI
2004 6 AUG	£189,995	£147,200	29% above HPI

38 DURHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Canterbury local authority area over time, sourced from the HPI. The three 38 DURHAM CLOSE sales between August 2004 and July 2020 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 2015 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 38 DURHAM CLOSE be worth now?

38 DURHAM CLOSE might now be worth an estimated £271,957.

This is based on house price inflation of 13.3%, between July 2020 and May 2026, for terraced 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 13.3% inflationary increase is applied to the most recent sale price for 38 DURHAM CLOSE of £240,000 on 7th July 2020. For the value to have increased from £240,000 to £271,957 over the six years and two months to May 2026, the following assumptions must hold true:

• The value of 38 DURHAM CLOSE has moved in line with the HPI for terraced houses in the Canterbury local authority area.
• The July 2020 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 38 DURHAM CLOSE has not materially changed since July 2020.

How Large is 38 DURHAM CLOSE?

38 DURHAM CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of terraced houses houses in Canterbury, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Canterbury, and where 38 DURHAM CLOSE lies on this distribution: 16% of terraced houses houses are smaller than 38 DURHAM CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Canterbury.

38 DURHAM CLOSE: Plot and Title Map

38 DURHAM CLOSE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 38 DURHAM 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 38 DURHAM 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 38 DURHAM CLOSE?

38 DURHAM CLOSE is located in CANTERBURY, in the CT1 postcode district. The below map shows the position of No. 38 on DURHAM CLOSE.