4, FORD CLOSE, HERNE BAY, CT6 8AN - £187,500

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.

4 FORD CLOSE is a very small detached house of 54m², built sometime between 1967 and 1975, which could now be worth an estimated £327,340. It was last sold for £187,500 in March 2011, which was around 41% below the average March 2011 detached price in the Canterbury local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

4 FORD CLOSE Sold Prices

Land registry data shows four sales for 4 FORD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Canterbury local authority area for the corresponding sale date. All of the four 4 FORD 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
2011 25 MAR	£187,500	£315,542	41% below HPI
2003 2 DEC	£169,950	£248,263	32% below HPI
1998 12 JUN	£58,000	£114,597	49% below HPI
1996 29 JAN	£30,000	£91,376	67% below HPI

4 FORD 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 four 4 FORD CLOSE sales between January 1996 and March 2011 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 2003 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2011 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 4 FORD CLOSE be worth now?

4 FORD CLOSE might now be worth an estimated £327,340.

This is based on house price inflation of 74.6%, between March 2011 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 74.6% inflationary increase is applied to the most recent sale price for 4 FORD CLOSE of £187,500 on 25th March 2011. For the value to have increased from £187,500 to £327,340 over the fourteen years and ten months to May 2026, the following assumptions must hold true:

• The value of 4 FORD CLOSE has moved in line with the HPI for detached houses in the Canterbury local authority area.
• The March 2011 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 4 FORD CLOSE has not materially changed since March 2011.

How Large is 4 FORD CLOSE?

4 FORD CLOSE is 54m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% 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 4 FORD CLOSE lies on this distribution: 3% of detached houses houses are smaller than 4 FORD CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.

4 FORD CLOSE: Plot and Title Map

4 FORD CLOSE sits on a plot of roughly 0.146 of an acre, or 591m². The below map shows the location of 4 FORD 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 4 FORD 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 4 FORD CLOSE?

4 FORD CLOSE is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 4 on FORD CLOSE.