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

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.

138A MINSTER ROAD is a large detached house of 123m², built sometime between 2003 and 2006, which could now be worth an estimated £467,172. It was last sold for £480,000 in December 2023, which was around 4% 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. Two of the three 138A MINSTER ROAD sales were for below the average price, whilst one was 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 1 DEC	£480,000	£502,418	4% below HPI
2018 23 MAR	£380,000	£387,905	2% below HPI
2010 11 JUN	£275,000	£244,885	12% 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 was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2023 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 138A MINSTER ROAD be worth now?

138A MINSTER ROAD might now be worth an estimated £467,172.

This is based on house price deflation of 2.7%, between December 2023 and February 2025, for 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 2.7% deflationary decrease is applied to the most recent sale price for 138A MINSTER ROAD of £480,000 on 1st December 2023. For the value to have decreased from £480,000 to £467,172 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 138A MINSTER ROAD has moved in line with the HPI for detached houses in the Thanet local authority area.
• The December 2023 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 138A MINSTER ROAD has not materially changed since December 2023.

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 houses in Margate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Margate, and where 138A MINSTER ROAD lies on this distribution: 65% of detached houses 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.