GRESHAM, VALE ROAD, WHITSTABLE, CT5 4HY - £250,000

GRESHAM is a very small extended detached house of 72m², built sometime between 1950 and 1966. It was last sold for £250,000 in August 2013, which was around 21% below the average August 2013 detached price in the Canterbury local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

GRESHAM Sold Prices

Land registry data shows three sales for GRESHAM 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 GRESHAM 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
2013 30 AUG	£250,000	£317,828	21% below HPI
2000 10 NOV	£116,000	£150,673	23% below HPI
1996 9 DEC	£73,500	£91,398	20% below HPI

GRESHAM 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 GRESHAM sales between December 1996 and August 2013 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 November 2000 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2013 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is GRESHAM?

GRESHAM is 72m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses in Whitstable, based on EPC data. The below chart shows the distribution of detached houses by size in Whitstable, and where GRESHAM lies on this distribution: 10% of detached houses are smaller than GRESHAM, and 89% of houses are larger. Note that EPC data is not available for all properties in Whitstable.

GRESHAM: Plot and Title Map

GRESHAM sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of GRESHAM, 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 GRESHAM). 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 GRESHAM?

GRESHAM is located on VALE ROAD in WHITSTABLE, in the CT5 postcode district. The below map shows the position of GRESHAM on VALE ROAD.