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

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 CRANBROOK CLOSE is a very small extended detached house of 79m², built sometime between 1976 and 1982. It was last sold for £288,000 in March 2017, which was around 20% 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	£358,480	20% below HPI
2014 26 JUN	£220,000	£268,782	18% below HPI
2006 8 MAY	£194,995	£241,397	19% below HPI
2003 10 NOV	£165,000	£207,274	20% 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2017 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

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 in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 1 CRANBROOK CLOSE lies on this distribution: 19% of detached 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.