17, MELLANBY CLOSE, BIRCHINGTON, CT7 0BZ - £281,000

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

17 MELLANBY CLOSE is a small detached house of 82m², built sometime between 1976 and 1982. It was last sold for £281,000 in February 2020, which was around 28% below the average February 2020 detached price in the Thanet local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

17 MELLANBY CLOSE Sold Prices

Land registry data shows two sales for 17 MELLANBY CLOSE 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 17 MELLANBY 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
2020 10 FEB	£281,000	£388,251	28% below HPI
2011 8 JUL	£155,000	£233,966	34% below HPI

17 MELLANBY 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 two 17 MELLANBY CLOSE sales from July 2011 and February 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 July 2011 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2020 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 17 MELLANBY CLOSE?

17 MELLANBY CLOSE is 82m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 30% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 17 MELLANBY CLOSE lies on this distribution: 22% of detached houses are smaller than 17 MELLANBY CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Margate.

17 MELLANBY CLOSE: Plot and Title Map

17 MELLANBY CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 17 MELLANBY 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 17 MELLANBY 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 17 MELLANBY CLOSE?

17 MELLANBY CLOSE is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 17 on MELLANBY CLOSE.