149, MILLMEAD ROAD, MARGATE, CT9 3TH - £415,000

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

149 MILLMEAD ROAD is a large detached house of 125m², built sometime between 1900 and 1929. It was last sold for £415,000 in October 2021, which was around 11% below the average October 2021 detached price in the Thanet local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

149 MILLMEAD ROAD Sold Prices

Land registry data shows three sales for 149 MILLMEAD 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. All of the three 149 MILLMEAD ROAD sales 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
2021 4 OCT	£415,000	£464,611	11% below HPI
2017 10 NOV	£320,000	£381,090	16% below HPI
2015 2 OCT	£210,000	£306,637	32% below HPI

149 MILLMEAD 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 149 MILLMEAD ROAD sales between October 2015 and October 2021 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 November 2017 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 149 MILLMEAD ROAD?

149 MILLMEAD ROAD is 125m² according to the EPC inspection conducted in March 2017. 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 149 MILLMEAD ROAD lies on this distribution: 67% of detached houses are smaller than 149 MILLMEAD ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Margate.

149 MILLMEAD ROAD: Plot and Title Map

149 MILLMEAD ROAD sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 149 MILLMEAD 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 149 MILLMEAD 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 149 MILLMEAD ROAD?

149 MILLMEAD ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 149 on MILLMEAD ROAD.