1, UPPER MALTINGS PLACE, BIRCHINGTON, CT7 9PW - £500,000

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 UPPER MALTINGS PLACE is a midsized extended detached house of 108m², built sometime between 1991 and 1995, which could now be worth an estimated £463,442. It was last sold for £500,000 in October 2022, which was around 5% below the average October 2022 detached price in the Thanet local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

1 UPPER MALTINGS PLACE Sold Prices

Land registry data shows four sales for 1 UPPER MALTINGS PLACE 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. two of the four 1 UPPER MALTINGS PLACE sales were for below the average price, and four were for above 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
2022 14 OCT	£500,000	£527,564	5% below HPI
2010 17 MAY	£215,000	£249,711	14% below HPI
2003 14 MAR	£229,950	£195,232	18% above HPI
1999 17 SEP	£107,039	£98,036	9% above HPI

1 UPPER MALTINGS PLACE 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 UPPER MALTINGS PLACE sales between September 1999 and October 2022 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 May 2010 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 1 UPPER MALTINGS PLACE be worth now?

1 UPPER MALTINGS PLACE might now be worth an estimated £463,442.

This is based on house price deflation of 7.3%, between October 2022 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 7.3% deflationary decrease is applied to the most recent sale price for 1 UPPER MALTINGS PLACE of £500,000 on 14th October 2022. For the value to have decreased from £500,000 to £463,442 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 UPPER MALTINGS PLACE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The October 2022 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 1 UPPER MALTINGS PLACE has not materially changed since October 2022.

How Large is 1 UPPER MALTINGS PLACE?

1 UPPER MALTINGS PLACE is 108m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 50% 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 UPPER MALTINGS PLACE lies on this distribution: 53% of detached houses houses are smaller than 1 UPPER MALTINGS PLACE, and 46% of houses are larger. Note that EPC data is not available for all properties in Margate.

1 UPPER MALTINGS PLACE: Plot and Title Map

1 UPPER MALTINGS PLACE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 1 UPPER MALTINGS PLACE, 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 UPPER MALTINGS PLACE). 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 UPPER MALTINGS PLACE?

1 UPPER MALTINGS PLACE is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 1 on UPPER MALTINGS PLACE.