2, BROOMFIELD CRESCENT, CLIFTONVILLE, MARGATE, CT9 3YJ - £368,750

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.

2 BROOMFIELD CRESCENT is a very small detached house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £406,773. It was last sold for £368,750 in February 2021, which was around 17% below the average February 2021 detached price in the Thanet local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

2 BROOMFIELD CRESCENT Sold Prices

Land registry data shows three sales for 2 BROOMFIELD CRESCENT 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 BROOMFIELD CRESCENT 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
2021 19 FEB	£368,750	£443,283	17% below HPI
2020 30 SEP	£290,000	£416,063	30% below HPI
2002 25 JAN	£129,000	£146,097	12% below HPI

2 BROOMFIELD CRESCENT 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 BROOMFIELD CRESCENT sales between January 2002 and February 2021 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 September 2020 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 2 BROOMFIELD CRESCENT be worth now?

2 BROOMFIELD CRESCENT might now be worth an estimated £406,773.

This is based on house price inflation of 10.3%, between February 2021 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 10.3% inflationary increase is applied to the most recent sale price for 2 BROOMFIELD CRESCENT of £368,750 on 19th February 2021. For the value to have increased from £368,750 to £406,773 over the four years to February 2025, the following assumptions must hold true:

• The value of 2 BROOMFIELD CRESCENT has moved in line with the HPI for detached houses in the Thanet local authority area.
• The February 2021 sale price of £368,750 represented a fair market value for the property.
• The size, condition, and specification of 2 BROOMFIELD CRESCENT has not materially changed since February 2021.

How Large is 2 BROOMFIELD CRESCENT?

2 BROOMFIELD CRESCENT is 69m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% 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 BROOMFIELD CRESCENT lies on this distribution: 8% of detached houses houses are smaller than 2 BROOMFIELD CRESCENT, and 91% of houses are larger. Note that EPC data is not available for all properties in Margate.

2 BROOMFIELD CRESCENT: Plot and Title Map

2 BROOMFIELD CRESCENT sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 2 BROOMFIELD CRESCENT, 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 BROOMFIELD CRESCENT). 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 BROOMFIELD CRESCENT?

2 BROOMFIELD CRESCENT is located in CLIFTONVILLE, in the CT9 postcode district. The below map shows the position of No. 2 on BROOMFIELD CRESCENT.