138A, MINSTER ROAD, WESTGATE-ON-SEA, CT8 8DQ - £480,000

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

138A MINSTER ROAD is a large detached house of 123m², built sometime between 2003 and 2006. It was last sold for £480,000 in December 2023, which was around 1% below the average December 2023 detached price in the Thanet local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

138A MINSTER ROAD Sold Prices

Land registry data shows three sales for 138A MINSTER 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. The three 138A MINSTER ROAD sales were a mix of below the average price, roughly equal to the average price, and 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 1 DEC	£480,000	£484,893	1% below HPI
2018 23 MAR	£380,000	£379,332	Close to HPI
2010 11 JUN	£275,000	£239,473	15% above HPI

138A MINSTER 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 138A MINSTER ROAD sales between June 2010 and December 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 March 2018 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2023 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 138A MINSTER ROAD?

138A MINSTER ROAD is 123m² according to the EPC inspection conducted in March 2018. This puts it in the largest 40% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 138A MINSTER ROAD lies on this distribution: 65% of detached houses are smaller than 138A MINSTER ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Margate.

138A MINSTER ROAD: Plot and Title Map

138A MINSTER ROAD sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 138A MINSTER 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 138A MINSTER 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 138A MINSTER ROAD?

138A MINSTER ROAD is located in WESTGATE-ON-SEA, in the CT8 postcode district. The below map shows the position of No. 138A on MINSTER ROAD.