2, GRENHAM ROAD, BIRCHINGTON, CT7 9JH - £345,000

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 GRENHAM ROAD is a midsized detached house of 110m², built sometime between 1991 and 1995. It was last sold for £345,000 in April 2015, which was around 23% above the average April 2015 detached price in the Thanet local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

2 GRENHAM ROAD Sold Prices

Land registry data shows two sales for 2 GRENHAM ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. Both of the two 2 GRENHAM ROAD 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
2015 13 APR	£345,000	£281,272	23% above HPI
2011 14 NOV	£265,000	£237,303	12% above HPI

2 GRENHAM 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 two 2 GRENHAM ROAD sales from November 2011 and April 2015 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 November 2011 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the April 2015 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 2 GRENHAM ROAD?

2 GRENHAM ROAD is 110m² according to the EPC inspection conducted in August 2011. 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 GRENHAM ROAD lies on this distribution: 55% of detached houses are smaller than 2 GRENHAM ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in Margate.

2 GRENHAM ROAD: Plot and Title Map

2 GRENHAM ROAD sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 2 GRENHAM 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 GRENHAM 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 GRENHAM ROAD?

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