16, ELM GROVE, WESTGATE-ON-SEA, CT8 8LB - £320,000

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

16 ELM GROVE is a very small detached house of 79m², built sometime between 1930 and 1949. It was last sold for £320,000 in June 2016, which was around 3% below the average June 2016 detached price in the Thanet local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

16 ELM GROVE Sold Prices

Land registry data shows two sales for 16 ELM GROVE 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 16 ELM GROVE 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
2016 3 JUN	£320,000	£330,806	3% below HPI
2008 24 OCT	£175,000	£247,627	29% below HPI

16 ELM GROVE 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 16 ELM GROVE sales from October 2008 and June 2016 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 October 2008 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2016 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 16 ELM GROVE?

16 ELM GROVE is 79m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 16 ELM GROVE lies on this distribution: 19% of detached houses are smaller than 16 ELM GROVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Margate.

16 ELM GROVE: Plot and Title Map

16 ELM GROVE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 16 ELM GROVE, 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 16 ELM GROVE). 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 16 ELM GROVE?

16 ELM GROVE is located in WESTGATE-ON-SEA, in the CT8 postcode district. The below map shows the position of No. 16 on ELM GROVE.