1, ALFRED ROAD, MARGATE, CT9 2UF - £228,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 ALFRED ROAD is a midsized extended detached house of 103m², built sometime between 1950 and 1966. It was last sold for £228,000 in December 2015, which was around 26% below the average December 2015 detached price in the Thanet local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was C.

1 ALFRED ROAD Sold Prices

Land registry data shows two sales for 1 ALFRED ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. Both of the two 1 ALFRED ROAD 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 2 DEC	£228,000	£309,753	26% below HPI
2001 19 OCT	£95,000	£138,227	31% below HPI

1 ALFRED ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The two 1 ALFRED ROAD sales from October 2001 and December 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 October 2001 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2015 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 1 ALFRED ROAD?

1 ALFRED ROAD is 103m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the smallest 50% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 1 ALFRED ROAD lies on this distribution: 49% of detached houses are smaller than 1 ALFRED ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Margate.

1 ALFRED ROAD: Plot and Title Map

1 ALFRED ROAD sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 1 ALFRED ROAD, 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 1 ALFRED ROAD). 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 1 ALFRED ROAD?

1 ALFRED ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 1 on ALFRED ROAD.