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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 GRENHAM ROAD is a midsized detached house of 110m², built sometime between 1991 and 1995, which could now be worth an estimated £586,526. It was last sold for £345,000 in April 2015, which was around 20% 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	£287,629	20% above HPI
2011 14 NOV	£265,000	£242,666	9% 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 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the April 2015 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 2 GRENHAM ROAD be worth now?

2 GRENHAM ROAD might now be worth an estimated £586,526.

This is based on house price inflation of 70%, between April 2015 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 70% inflationary increase is applied to the most recent sale price for 2 GRENHAM ROAD of £345,000 on 13th April 2015. For the value to have increased from £345,000 to £586,526 over the ten years and two months to February 2025, the following assumptions must hold true:

• The value of 2 GRENHAM ROAD has moved in line with the HPI for detached houses in the Thanet local authority area.
• The April 2015 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GRENHAM ROAD has not materially changed since April 2015.

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 houses in Margate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Margate, and where 2 GRENHAM ROAD lies on this distribution: 55% of detached houses 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.