1, PRINCES CLOSE, BIRCHINGTON, CT7 9PD - £260,000

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 PRINCES CLOSE is a very small detached house of 69m², built sometime between 1930 and 1949. It was last sold for £260,000 in April 2017, which was around 27% below the average April 2017 detached price in the Thanet local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

1 PRINCES CLOSE Sold Prices

Land registry data shows two sales for 1 PRINCES CLOSE 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 PRINCES 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 13 APR	£260,000	£355,763	27% below HPI
2009 7 OCT	£140,000	£232,439	40% below HPI

1 PRINCES 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 two 1 PRINCES CLOSE sales from October 2009 and April 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 October 2009 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the April 2017 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 1 PRINCES CLOSE?

1 PRINCES CLOSE is 69m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 10% 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 PRINCES CLOSE lies on this distribution: 8% of detached houses are smaller than 1 PRINCES CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Margate.

1 PRINCES CLOSE: Plot and Title Map

1 PRINCES CLOSE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 1 PRINCES 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 PRINCES 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 PRINCES CLOSE?

1 PRINCES CLOSE is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 1 on PRINCES CLOSE.