18, CEDAR CLOSE, BROADSTAIRS, CT10 3BU - £385,000

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

18 CEDAR CLOSE is a very small detached house of 63m², built sometime between 1967 and 1975. It was last sold for £385,000 in July 2022, which was around 25% below the average July 2022 detached price in the Thanet local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was C.

18 CEDAR CLOSE Sold Prices

Land registry data shows three sales for 18 CEDAR CLOSE 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 18 CEDAR 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
2022 22 JUL	£385,000	£515,614	25% below HPI
2005 16 JUN	£192,000	£239,071	20% below HPI
1998 22 JAN	£73,250	£83,442	12% below HPI

18 CEDAR 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 three 18 CEDAR CLOSE sales between January 1998 and July 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 June 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 18 CEDAR CLOSE?

18 CEDAR CLOSE is 63m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of detached houses in Broadstairs, based on EPC data. The below chart shows the distribution of detached houses by size in Broadstairs, and where 18 CEDAR CLOSE lies on this distribution: 3% of detached houses are smaller than 18 CEDAR CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Broadstairs.

18 CEDAR CLOSE: Plot and Title Map

18 CEDAR CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 18 CEDAR 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 18 CEDAR 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 18 CEDAR CLOSE?

18 CEDAR CLOSE is located in BROADSTAIRS, in the CT10 postcode district. The below map shows the position of No. 18 on CEDAR CLOSE.