2, ASH TREE CLOSE, BIRCHINGTON, CT7 9DW - £249,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 ASH TREE CLOSE is a midsized extended detached house of 108m², built sometime between 1991 and 1995, which could now be worth an estimated £511,285. It was last sold for £249,950 in July 2012, which was around 5% above the average July 2012 detached price in the Thanet local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

2 ASH TREE CLOSE Sold Prices

Land registry data shows three sales for 2 ASH TREE 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. The three 2 ASH TREE CLOSE sales were a mix of above the average price, and roughly equal to 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
2012 18 JUL	£249,950	£239,051	5% above HPI
2007 24 JUL	£270,000	£269,804	Close to HPI
2000 28 JAN	£135,000	£105,456	28% above HPI

2 ASH TREE 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 2 ASH TREE CLOSE sales between January 2000 and July 2012 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 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2012 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 2 ASH TREE CLOSE be worth now?

2 ASH TREE CLOSE might now be worth an estimated £511,285.

This is based on house price inflation of 104.6%, between July 2012 and February 2025, for 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 104.6% inflationary increase is applied to the most recent sale price for 2 ASH TREE CLOSE of £249,950 on 18th July 2012. For the value to have increased from £249,950 to £511,285 over the thirteen years and five months to February 2025, the following assumptions must hold true:

• The value of 2 ASH TREE CLOSE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The July 2012 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 2 ASH TREE CLOSE has not materially changed since July 2012.

How Large is 2 ASH TREE CLOSE?

2 ASH TREE CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 50% of detached houses houses in Margate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Margate, and where 2 ASH TREE CLOSE lies on this distribution: 53% of detached houses houses are smaller than 2 ASH TREE CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Margate.

2 ASH TREE CLOSE: Plot and Title Map

2 ASH TREE CLOSE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 2 ASH TREE 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 2 ASH TREE 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 2 ASH TREE CLOSE?

2 ASH TREE CLOSE is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 2 on ASH TREE CLOSE.