15, PARK CRESCENT ROAD, MARGATE, CT9 1UE - £250,000

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

15 PARK CRESCENT ROAD is a very small detached house of 56m², built sometime between 1967 and 1975. It was last sold for £250,000 in June 2020, which was around 38% below the average June 2020 detached price in the Thanet local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

15 PARK CRESCENT ROAD Sold Prices

Land registry data shows two sales for 15 PARK CRESCENT ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. Both of the two 15 PARK CRESCENT 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
2020 26 JUN	£250,000	£401,118	38% below HPI
2005 22 APR	£175,000	£233,600	25% below HPI

15 PARK CRESCENT 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 two 15 PARK CRESCENT ROAD sales from April 2005 and June 2020 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 April 2005 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2020 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 15 PARK CRESCENT ROAD?

15 PARK CRESCENT ROAD is 56m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 15 PARK CRESCENT ROAD lies on this distribution: 2% of detached houses are smaller than 15 PARK CRESCENT ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Margate.

15 PARK CRESCENT ROAD: Plot and Title Map

15 PARK CRESCENT ROAD sits on a plot of roughly 0.160 of an acre, or 647m². The below map shows the location of 15 PARK CRESCENT 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 15 PARK CRESCENT 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 15 PARK CRESCENT ROAD?

15 PARK CRESCENT ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 15 on PARK CRESCENT ROAD.