129, MARGATE ROAD, HERNE BAY, CT6 7AB - £505,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

129 MARGATE ROAD is a very large extended detached house of 174m², built sometime before 1900. It was last sold for £505,000 in August 2019, which was around 12% above the average August 2019 detached price in the Canterbury local authority area. The most recent EPC inspection was October 2012, where the current energy rating was F, and the potential energy rating was C.

129 MARGATE ROAD Sold Prices

Land registry data shows two sales for 129 MARGATE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Canterbury local authority area for the corresponding sale date. Both of the two 129 MARGATE ROAD sales 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
2019 23 AUG	£505,000	£449,001	12% above HPI
2013 28 MAR	£375,000	£302,845	24% above HPI

129 MARGATE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Canterbury local authority area over time, sourced from the HPI. The two 129 MARGATE ROAD sales from March 2013 and August 2019 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 March 2013 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the August 2019 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 129 MARGATE ROAD?

129 MARGATE ROAD is 174m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the largest 20% of detached houses in Broomfield, based on EPC data. The below chart shows the distribution of detached houses by size in Broomfield, and where 129 MARGATE ROAD lies on this distribution: 83% of detached houses are smaller than 129 MARGATE ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Broomfield.

129 MARGATE ROAD: Plot and Title Map

129 MARGATE ROAD sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of 129 MARGATE 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 129 MARGATE 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 129 MARGATE ROAD?

129 MARGATE ROAD is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 129 on MARGATE ROAD.