1, CRANBROOK CLOSE, CLIFTONVILLE, MARGATE, CT9 3YD - £288,000

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.

1 CRANBROOK CLOSE is a very small extended detached house of 79m², built sometime between 1976 and 1982, which could now be worth an estimated £384,169. It was last sold for £288,000 in March 2017, which was around 21% below the average March 2017 detached price in the Thanet local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

1 CRANBROOK CLOSE Sold Prices

Land registry data shows four sales for 1 CRANBROOK 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 Thanet local authority area for the corresponding sale date. All of the four 1 CRANBROOK 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
2017 15 MAR	£288,000	£366,582	21% below HPI
2014 26 JUN	£220,000	£274,856	20% below HPI
2006 8 MAY	£194,995	£246,852	21% below HPI
2003 10 NOV	£165,000	£211,958	22% below HPI

1 CRANBROOK CLOSE 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 four 1 CRANBROOK CLOSE sales between November 2003 and March 2017 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 June 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2017 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 1 CRANBROOK CLOSE be worth now?

1 CRANBROOK CLOSE might now be worth an estimated £384,169.

This is based on house price inflation of 33.4%, between March 2017 and February 2025, for detached houses, in the Thanet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.4% inflationary increase is applied to the most recent sale price for 1 CRANBROOK CLOSE of £288,000 on 15th March 2017. For the value to have increased from £288,000 to £384,169 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of 1 CRANBROOK CLOSE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The March 2017 sale price of £288,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CRANBROOK CLOSE has not materially changed since March 2017.

How Large is 1 CRANBROOK CLOSE?

1 CRANBROOK CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 20% of detached houses houses in Margate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Margate, and where 1 CRANBROOK CLOSE lies on this distribution: 19% of detached houses houses are smaller than 1 CRANBROOK CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Margate.

1 CRANBROOK CLOSE: Plot and Title Map

1 CRANBROOK CLOSE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 1 CRANBROOK 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 1 CRANBROOK 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 1 CRANBROOK CLOSE?

1 CRANBROOK CLOSE is located in CLIFTONVILLE, in the CT9 postcode district. The below map shows the position of No. 1 on CRANBROOK CLOSE.