102, MILLMEAD ROAD, MARGATE, CT9 3QR - £270,000

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

102 MILLMEAD ROAD is a very small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £270,000 in June 2020, which was around 33% below the average June 2020 detached price in the Thanet local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

102 MILLMEAD ROAD Sold Prices

Land registry data shows three sales for 102 MILLMEAD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. All of the three 102 MILLMEAD ROAD 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
2020 12 JUN	£270,000	£401,118	33% below HPI
2016 29 NOV	£279,950	£346,957	19% below HPI
2015 16 DEC	£148,000	£309,753	52% below HPI

102 MILLMEAD ROAD 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 three 102 MILLMEAD ROAD sales between December 2015 and June 2020 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 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 102 MILLMEAD ROAD?

102 MILLMEAD ROAD is 78m² according to the EPC inspection conducted in July 2016. 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 102 MILLMEAD ROAD lies on this distribution: 18% of detached houses are smaller than 102 MILLMEAD ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Margate.

102 MILLMEAD ROAD: Plot and Title Map

102 MILLMEAD ROAD sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 102 MILLMEAD ROAD, 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 102 MILLMEAD ROAD). 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 102 MILLMEAD ROAD?

102 MILLMEAD ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 102 on MILLMEAD ROAD.