Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
177 COLLEGE ROAD is a small extended detached house of 91m², built sometime between 1900 and 1929. It was last sold for £350,000 in February 2022, which was around 28% below the average February 2022 detached price in the Thanet local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 177 COLLEGE ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. All of the five 177 COLLEGE 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 |
---|---|---|---|
2022 11 FEB | £350,000 | £484,423 | 28% below HPI |
2020 21 FEB | £257,500 | £388,251 | 34% below HPI |
2001 30 AUG | £98,500 | £134,982 | 27% below HPI |
1997 24 OCT | £65,000 | £80,587 | 19% below HPI |
1996 15 AUG | £52,000 | £71,172 | 27% below HPI |
The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The five 177 COLLEGE ROAD sales between August 1996 and February 2022 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 2020 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.
177 COLLEGE ROAD is 91m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the smallest 40% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 177 COLLEGE ROAD lies on this distribution: 33% of detached houses are smaller than 177 COLLEGE ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Margate.
177 COLLEGE ROAD sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 177 COLLEGE 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 177 COLLEGE 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.
177 COLLEGE ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 177 on COLLEGE ROAD.