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

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

2 ASH TREE CLOSE is a midsized extended detached house of 108m², built sometime between 1991 and 1995. It was last sold for £249,950 in July 2012, which was around 7% 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. All of the three 2 ASH TREE CLOSE 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
2012 18 JUL	£249,950	£233,768	7% above HPI
2007 24 JUL	£270,000	£263,841	2% above HPI
2000 28 JAN	£135,000	£103,125	31% 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 was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2012 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

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 in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 2 ASH TREE CLOSE lies on this distribution: 53% of detached houses are smaller than 2 ASH TREE CLOSE, and 47% 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.