16, LANCASTER GARDENS, BIRCHINGTON, CT7 9TH - £272,000

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 LANCASTER GARDENS is a midsized detached house of 100m², built sometime between 1950 and 1966. It was last sold for £272,000 in March 2016, which was around 14% below the average March 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 LANCASTER GARDENS Sold Prices

Land registry data shows three sales for 16 LANCASTER GARDENS 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 16 LANCASTER GARDENS 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 15 MAR	£272,000	£317,912	14% below HPI
2003 15 AUG	£192,000	£201,571	5% below HPI
1997 31 JAN	£54,000	£72,607	26% below HPI

16 LANCASTER GARDENS 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 16 LANCASTER GARDENS sales between January 1997 and March 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 August 2003 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 16 LANCASTER GARDENS?

16 LANCASTER GARDENS is 100m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 50% 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 LANCASTER GARDENS lies on this distribution: 46% of detached houses are smaller than 16 LANCASTER GARDENS, and 53% of houses are larger. Note that EPC data is not available for all properties in Margate.

16 LANCASTER GARDENS: Plot and Title Map

16 LANCASTER GARDENS sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of 16 LANCASTER GARDENS, 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 LANCASTER GARDENS). 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 LANCASTER GARDENS?

16 LANCASTER GARDENS is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 16 on LANCASTER GARDENS.