12, ELMLEY WAY, MARGATE, CT9 4ER - £340,000

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.

12 ELMLEY WAY is a small extended semi-detached house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £339,276. It was last sold for £340,000 in April 2022, which was around 2% above the average April 2022 semi-detached price in the Thanet local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

12 ELMLEY WAY Sold Prices

Land registry data shows three sales for 12 ELMLEY WAY 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. One of the three 12 ELMLEY WAY sales was for above the average price, whilst two 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
2022 8 APR	£340,000	£333,311	2% above HPI
2021 24 FEB	£291,000	£298,313	2% below HPI
2020 17 APR	£230,000	£266,561	14% below HPI

12 ELMLEY WAY 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 12 ELMLEY WAY sales between April 2020 and April 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 February 2021 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the April 2022 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 12 ELMLEY WAY be worth now?

12 ELMLEY WAY might now be worth an estimated £339,276.

This is based on house price deflation of 0.2%, between April 2022 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 0.2% deflationary decrease is applied to the most recent sale price for 12 ELMLEY WAY of £340,000 on 8th April 2022. For the value to have decreased from £340,000 to £339,276 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 12 ELMLEY WAY has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The April 2022 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ELMLEY WAY has not materially changed since April 2022.

How Large is 12 ELMLEY WAY?

12 ELMLEY WAY is 80m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% 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 12 ELMLEY WAY lies on this distribution: 20% of semi-detached houses houses are smaller than 12 ELMLEY WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Margate.

12 ELMLEY WAY: Plot and Title Map

12 ELMLEY WAY sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of 12 ELMLEY WAY, 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 12 ELMLEY WAY). 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 12 ELMLEY WAY?

12 ELMLEY WAY is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 12 on ELMLEY WAY.