OMEGA, BARN CLOSE, YORKLETTS, WHITSTABLE, CT5 3AF - £255,000

OMEGA is a very small extended detached house of 83m², built sometime between 1967 and 1975. It was last sold for £255,000 in October 2015, which was around 33% below the average October 2015 detached price in the Canterbury local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

OMEGA Sold Prices

Land registry data shows three sales for OMEGA 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 OMEGA 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 30 OCT	£255,000	£379,870	33% below HPI
2006 20 SEP	£220,000	£277,036	21% below HPI
2004 9 JUL	£105,000	£257,762	59% below HPI

OMEGA 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 OMEGA sales between July 2004 and October 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 September 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2015 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is OMEGA?

OMEGA is 83m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses in Yorkletts, based on EPC data. The below chart shows the distribution of detached houses by size in Yorkletts, and where OMEGA lies on this distribution: 18% of detached houses are smaller than OMEGA, and 82% of houses are larger. Note that EPC data is not available for all properties in Yorkletts.

OMEGA: Plot and Title Map

OMEGA sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of OMEGA, 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 OMEGA). 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 OMEGA?

OMEGA is located on BARN CLOSE in YORKLETTS, in the CT5 postcode district. The below map shows the position of OMEGA on BARN CLOSE.