11, STEPHENS CLOSE, MARGATE, CT9 5LZ - £310,000

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.

11 STEPHENS CLOSE is a very small semi-detached house of 68m², built sometime between 1950 and 1966, which could now be worth an estimated £341,596. It was last sold for £310,000 in July 2021, which was around 3% above the average July 2021 semi-detached price in the Thanet local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was C.

11 STEPHENS CLOSE Sold Prices

Land registry data shows three sales for 11 STEPHENS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Thanet local authority area for the corresponding sale date. Two of the three 11 STEPHENS CLOSE sales were for above the average price, whilst one was 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
2021 9 JUL	£310,000	£301,837	3% above HPI
2020 19 NOV	£260,000	£283,586	8% below HPI
1997 20 AUG	£53,950	£50,281	7% above HPI

11 STEPHENS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Thanet local authority area over time, sourced from the HPI. The three 11 STEPHENS CLOSE sales between August 1997 and July 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 2020 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2021 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 11 STEPHENS CLOSE be worth now?

11 STEPHENS CLOSE might now be worth an estimated £341,596.

This is based on house price inflation of 10.2%, between July 2021 and February 2025, for semi-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 10.2% inflationary increase is applied to the most recent sale price for 11 STEPHENS CLOSE of £310,000 on 9th July 2021. For the value to have increased from £310,000 to £341,596 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 11 STEPHENS CLOSE has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The July 2021 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 11 STEPHENS CLOSE has not materially changed since July 2021.

How Large is 11 STEPHENS CLOSE?

11 STEPHENS CLOSE is 68m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 10% of semi-detached houses houses in Margate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Margate, and where 11 STEPHENS CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 11 STEPHENS CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Margate.

11 STEPHENS CLOSE: Plot and Title Map

11 STEPHENS CLOSE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 11 STEPHENS 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 11 STEPHENS 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 11 STEPHENS CLOSE?

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