2, FARLEY ROAD, MARGATE, CT9 4EP - £375,000

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.

2 FARLEY ROAD is a midsized extended detached house of 113m², built sometime between 1930 and 1949, which could now be worth an estimated £378,133. It was last sold for £375,000 in July 2024, which was around 23% below the average July 2024 detached price in the Thanet local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

2 FARLEY ROAD Sold Prices

Land registry data shows four sales for 2 FARLEY ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. All of the four 2 FARLEY ROAD 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
2024 30 JUL	£375,000	£484,940	23% below HPI
2021 9 SEP	£362,500	£468,079	23% below HPI
2013 27 AUG	£182,000	£247,818	27% below HPI
2008 4 JAN	£239,000	£279,513	14% below HPI

2 FARLEY ROAD 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 four 2 FARLEY ROAD sales between January 2008 and July 2024 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 2021 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2024 sale, which was also at 23% below the HPI.

What might 2 FARLEY ROAD be worth now?

2 FARLEY ROAD might now be worth an estimated £378,133.

This is based on house price inflation of 0.8%, between July 2024 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 0.8% inflationary increase is applied to the most recent sale price for 2 FARLEY ROAD of £375,000 on 30th July 2024. For the value to have increased from £375,000 to £378,133 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of 2 FARLEY ROAD has moved in line with the HPI for detached houses in the Thanet local authority area.
• The July 2024 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FARLEY ROAD has not materially changed since July 2024.

How Large is 2 FARLEY ROAD?

2 FARLEY ROAD is 113m², which includes one extension, according to the EPC inspection conducted in January 2018. 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 FARLEY ROAD lies on this distribution: 57% of detached houses houses are smaller than 2 FARLEY ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Margate.

2 FARLEY ROAD: Plot and Title Map

2 FARLEY ROAD sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 2 FARLEY 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 2 FARLEY 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 2 FARLEY ROAD?

2 FARLEY ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 2 on FARLEY ROAD.