14, MELLANBY CLOSE, BIRCHINGTON, CT7 0BZ - £300,000

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.

14 MELLANBY CLOSE is a midsized extended semi-detached house of 114m², built sometime between 1967 and 1975, which could now be worth an estimated £312,187. It was last sold for £300,000 in February 2024, which was around 6% below the average February 2024 semi-detached price in the Thanet local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

14 MELLANBY CLOSE Sold Prices

Land registry data shows three sales for 14 MELLANBY CLOSE 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 14 MELLANBY CLOSE 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
2024 21 FEB	£300,000	£319,617	6% below HPI
2006 25 AUG	£194,000	£173,338	12% above HPI
2001 27 JUL	£100,000	£83,580	20% above HPI

14 MELLANBY CLOSE 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 14 MELLANBY CLOSE sales between July 2001 and February 2024 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 August 2006 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2024 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 14 MELLANBY CLOSE be worth now?

14 MELLANBY CLOSE might now be worth an estimated £312,187.

This is based on house price inflation of 4.1%, between February 2024 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 4.1% inflationary increase is applied to the most recent sale price for 14 MELLANBY CLOSE of £300,000 on 21st February 2024. For the value to have increased from £300,000 to £312,187 over the one year to February 2025, the following assumptions must hold true:

• The value of 14 MELLANBY CLOSE has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The February 2024 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MELLANBY CLOSE has not materially changed since February 2024.

How Large is 14 MELLANBY CLOSE?

14 MELLANBY CLOSE is 114m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the largest 50% 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 14 MELLANBY CLOSE lies on this distribution: 58% of semi-detached houses houses are smaller than 14 MELLANBY CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Margate.

14 MELLANBY CLOSE: Plot and Title Map

14 MELLANBY CLOSE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 14 MELLANBY CLOSE, 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 14 MELLANBY CLOSE). 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 14 MELLANBY CLOSE?

14 MELLANBY CLOSE is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 14 on MELLANBY CLOSE.