18, SPRINGFIELD ROAD, CLIFTONVILLE, MARGATE, CT9 3EA - £265,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 SPRINGFIELD ROAD is a very small semi-detached house of 67m², built sometime between 1950 and 1966, which could now be worth an estimated £347,121. It was last sold for £265,000 in September 2017, which was around 4% above the average September 2017 semi-detached price in the Thanet local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

18 SPRINGFIELD ROAD Sold Prices

Land registry data shows three sales for 18 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Thanet local authority area for the corresponding sale date. All of the three 18 SPRINGFIELD ROAD sales were for above 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
2017 6 SEP	£265,000	£253,915	4% above HPI
2013 5 JUN	£170,000	£164,494	3% above HPI
2004 28 OCT	£165,000	£163,648	1% above HPI

18 SPRINGFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Thanet local authority area over time, sourced from the HPI. The three 18 SPRINGFIELD ROAD sales between October 2004 and September 2017 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 2013 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2017 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 18 SPRINGFIELD ROAD be worth now?

18 SPRINGFIELD ROAD might now be worth an estimated £347,121.

This is based on house price inflation of 31%, between September 2017 and February 2025, for semi-detached houses, in the Thanet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31% inflationary increase is applied to the most recent sale price for 18 SPRINGFIELD ROAD of £265,000 on 6th September 2017. For the value to have increased from £265,000 to £347,121 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 18 SPRINGFIELD ROAD has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The September 2017 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 18 SPRINGFIELD ROAD has not materially changed since September 2017.

How Large is 18 SPRINGFIELD ROAD?

18 SPRINGFIELD ROAD is 67m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 10% of semi-detached houses houses in Margate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Margate, and where 18 SPRINGFIELD ROAD lies on this distribution: 7% of semi-detached houses houses are smaller than 18 SPRINGFIELD ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Margate.

18 SPRINGFIELD ROAD: Plot and Title Map

18 SPRINGFIELD ROAD sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 18 SPRINGFIELD 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 18 SPRINGFIELD 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.

Where is 18 SPRINGFIELD ROAD?

18 SPRINGFIELD ROAD is located in CLIFTONVILLE, in the CT9 postcode district. The below map shows the position of No. 18 on SPRINGFIELD ROAD.