6, WOOLLETS CLOSE, HERNE BAY, CT6 8NZ - £385,000

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.

6 WOOLLETS CLOSE is a midsized detached house of 94m², built sometime between 1983 and 1990, which could now be worth an estimated £435,186. It was last sold for £385,000 in October 2018, which was around 19% below the average October 2018 detached price in the Canterbury local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

6 WOOLLETS CLOSE Sold Prices

Land registry data shows three sales for 6 WOOLLETS CLOSE 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 6 WOOLLETS 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
2018 10 OCT	£385,000	£477,458	19% below HPI
2017 8 MAR	£328,000	£448,238	27% below HPI
2012 30 OCT	£257,000	£322,914	20% below HPI

6 WOOLLETS 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 three 6 WOOLLETS CLOSE sales between October 2012 and October 2018 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 March 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2018 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 6 WOOLLETS CLOSE be worth now?

6 WOOLLETS CLOSE might now be worth an estimated £435,186.

This is based on house price inflation of 13%, between October 2018 and April 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% inflationary increase is applied to the most recent sale price for 6 WOOLLETS CLOSE of £385,000 on 10th October 2018. For the value to have increased from £385,000 to £435,186 over the eight years and six months to April 2026, the following assumptions must hold true:

• The value of 6 WOOLLETS CLOSE has moved in line with the HPI for detached houses in the Canterbury local authority area.
• The October 2018 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 6 WOOLLETS CLOSE has not materially changed since October 2018.

How Large is 6 WOOLLETS CLOSE?

6 WOOLLETS CLOSE is 94m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 50% 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 6 WOOLLETS CLOSE lies on this distribution: 48% of detached houses houses are smaller than 6 WOOLLETS CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Herne Bay.

6 WOOLLETS CLOSE: Plot and Title Map

6 WOOLLETS CLOSE sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 6 WOOLLETS 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 6 WOOLLETS 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 6 WOOLLETS CLOSE?

6 WOOLLETS CLOSE is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 6 on WOOLLETS CLOSE.