115, DANE ROAD, MARGATE, CT9 2AF - £400,000

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

115 DANE ROAD is a very large extended detached house of 214m², built sometime between 2003 and 2006. It was last sold for £400,000 in May 2023, which was around 20% below the average May 2023 detached price in the Thanet local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was C.

115 DANE ROAD Sold Prices

Land registry data shows three sales for 115 DANE 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. One of the three 115 DANE ROAD sales was for below the average price, whilst two 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
2023 26 MAY	£400,000	£497,782	20% below HPI
2005 29 APR	£350,000	£233,600	50% above HPI
2002 11 FEB	£247,500	£143,835	72% above HPI

115 DANE 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 115 DANE ROAD sales between February 2002 and May 2023 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 April 2005 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the May 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 115 DANE ROAD?

115 DANE ROAD is 214m², which includes four extensions, according to the EPC inspection conducted in September 2021. This puts it in the largest 10% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 115 DANE ROAD lies on this distribution: 94% of detached houses are smaller than 115 DANE ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Margate.

115 DANE ROAD: Plot and Title Map

115 DANE ROAD sits on a plot of roughly 0.205 of an acre, or 828m². The below map shows the location of 115 DANE 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 115 DANE 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 115 DANE ROAD?

115 DANE ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 115 on DANE ROAD.