1, READING STREET, BROADSTAIRS, CT10 3BD - £735,000

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 READING STREET is a very large extended detached house of 221m², built sometime between 1967 and 1975, which could now be worth an estimated £781,362. It was last sold for £735,000 in August 2021, which was around 60% above the average August 2021 detached price in the Thanet local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

1 READING STREET Sold Prices

Land registry data shows four sales for 1 READING STREET 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. The four 1 READING STREET sales were a mix of above the average price, and roughly equal to 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
2021 2 AUG	£735,000	£459,977	60% above HPI
2019 8 NOV	£550,000	£406,859	35% above HPI
2006 10 NOV	£320,000	£255,168	25% above HPI
2001 6 DEC	£145,000	£145,225	Close to HPI

1 READING STREET 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 READING STREET sales between December 2001 and August 2021 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 November 2019 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the August 2021 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 1 READING STREET be worth now?

1 READING STREET might now be worth an estimated £781,362.

This is based on house price inflation of 6.3%, between August 2021 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 6.3% inflationary increase is applied to the most recent sale price for 1 READING STREET of £735,000 on 2nd August 2021. For the value to have increased from £735,000 to £781,362 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 1 READING STREET has moved in line with the HPI for detached houses in the Thanet local authority area.
• The August 2021 sale price of £735,000 represented a fair market value for the property.
• The size, condition, and specification of 1 READING STREET has not materially changed since August 2021.

How Large is 1 READING STREET?

1 READING STREET is 221m², which includes two extensions, according to the EPC inspection conducted in February 2018. This puts it in the largest 10% of detached houses houses in Broadstairs, based on EPC data. The below chart shows the distribution of detached houses houses by size in Broadstairs, and where 1 READING STREET lies on this distribution: 93% of detached houses houses are smaller than 1 READING STREET, and 7% of houses are larger. Note that EPC data is not available for all properties in Broadstairs.

1 READING STREET: Plot and Title Map

1 READING STREET sits on a plot of roughly 0.147 of an acre, or 596m². The below map shows the location of 1 READING STREET, 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 READING STREET). 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 READING STREET?

1 READING STREET is located in BROADSTAIRS, in the CT10 postcode district. The below map shows the position of No. 1 on READING STREET.