15, KINGFISHER CLOSE, MARGATE, CT9 5LU - £255,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 KINGFISHER CLOSE is a very small detached house of 52m², built sometime between 1950 and 1966, which could now be worth an estimated £278,449. It was last sold for £255,000 in June 2021, which was around 43% below the average June 2021 detached price in the Thanet local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

15 KINGFISHER CLOSE Sold Prices

Land registry data shows three sales for 15 KINGFISHER CLOSE 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 15 KINGFISHER CLOSE 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 28 JUN	£255,000	£447,811	43% below HPI
2008 18 FEB	£172,000	£279,419	38% below HPI
2007 23 FEB	£168,000	£259,080	35% below HPI

15 KINGFISHER CLOSE 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 15 KINGFISHER CLOSE sales between February 2007 and June 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 February 2008 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2021 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 15 KINGFISHER CLOSE be worth now?

15 KINGFISHER CLOSE might now be worth an estimated £278,449.

This is based on house price inflation of 9.2%, between June 2021 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 9.2% inflationary increase is applied to the most recent sale price for 15 KINGFISHER CLOSE of £255,000 on 28th June 2021. For the value to have increased from £255,000 to £278,449 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 15 KINGFISHER CLOSE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The June 2021 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 15 KINGFISHER CLOSE has not materially changed since June 2021.

How Large is 15 KINGFISHER CLOSE?

15 KINGFISHER CLOSE is 52m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% 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 15 KINGFISHER CLOSE lies on this distribution: 1% of detached houses houses are smaller than 15 KINGFISHER CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Margate.

15 KINGFISHER CLOSE: Plot and Title Map

15 KINGFISHER CLOSE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 15 KINGFISHER 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 15 KINGFISHER 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 15 KINGFISHER CLOSE?

15 KINGFISHER CLOSE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 15 on KINGFISHER CLOSE.