2, ESSEX GARDENS, BIRCHINGTON, CT7 9TW - £365,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 ESSEX GARDENS is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £365,000 in September 2021, which was around 20% below the average September 2021 detached price in the Thanet local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

2 ESSEX GARDENS Sold Prices

Land registry data shows three sales for 2 ESSEX GARDENS 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. Two of the three 2 ESSEX GARDENS sales were for below the average price, whilst one was 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
2021 9 SEP	£365,000	£457,735	20% below HPI
2018 13 APR	£387,000	£381,201	2% above HPI
2017 1 MAR	£263,000	£358,480	27% below HPI

2 ESSEX GARDENS 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 ESSEX GARDENS sales between March 2017 and September 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 April 2018 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the September 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 ESSEX GARDENS?

2 ESSEX GARDENS is 76m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% 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 ESSEX GARDENS lies on this distribution: 15% of detached houses are smaller than 2 ESSEX GARDENS, and 84% of houses are larger. Note that EPC data is not available for all properties in Margate.

2 ESSEX GARDENS: Plot and Title Map

2 ESSEX GARDENS sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 2 ESSEX GARDENS, 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 ESSEX GARDENS). 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 ESSEX GARDENS?

2 ESSEX GARDENS is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 2 on ESSEX GARDENS.