11, FARLEY ROAD, MARGATE, CT9 4EP - £206,500

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

11 FARLEY ROAD is a very small detached house of 77m², built sometime between 1950 and 1966. It was last sold for £206,500 in August 2014, which was around 23% below the average August 2014 detached price in the Thanet local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

11 FARLEY ROAD Sold Prices

Land registry data shows three sales for 11 FARLEY 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 11 FARLEY 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
2014 15 AUG	£206,500	£268,484	23% below HPI
2004 25 JUN	£177,500	£223,688	21% below HPI
1997 23 JAN	£65,000	£72,607	10% below HPI

11 FARLEY 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 11 FARLEY ROAD sales between January 1997 and August 2014 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 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2014 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 11 FARLEY ROAD?

11 FARLEY ROAD is 77m² according to the EPC inspection conducted in March 2014. 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 11 FARLEY ROAD lies on this distribution: 16% of detached houses are smaller than 11 FARLEY ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Margate.

11 FARLEY ROAD: Plot and Title Map

11 FARLEY ROAD sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 11 FARLEY 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 11 FARLEY 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 11 FARLEY ROAD?

11 FARLEY ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 11 on FARLEY ROAD.