2, INGLE CLOSE, BIRCHINGTON, CT7 9EB - £306,000

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 INGLE CLOSE is a very small detached house of 74m², built sometime between 1950 and 1966, which could now be worth an estimated £445,935. It was last sold for £306,000 in May 2016, which was around 9% below the average May 2016 detached price in the Thanet local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

2 INGLE CLOSE Sold Prices

Land registry data shows two sales for 2 INGLE CLOSE 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 INGLE CLOSE 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
2016 10 MAY	£306,000	£335,545	9% below HPI
2006 16 OCT	£228,000	£252,788	10% below HPI

2 INGLE CLOSE 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 INGLE CLOSE sales from October 2006 and May 2016 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 October 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2016 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 2 INGLE CLOSE be worth now?

2 INGLE CLOSE might now be worth an estimated £445,935.

This is based on house price inflation of 45.7%, between May 2016 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 45.7% inflationary increase is applied to the most recent sale price for 2 INGLE CLOSE of £306,000 on 10th May 2016. For the value to have increased from £306,000 to £445,935 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 2 INGLE CLOSE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The May 2016 sale price of £306,000 represented a fair market value for the property.
• The size, condition, and specification of 2 INGLE CLOSE has not materially changed since May 2016.

How Large is 2 INGLE CLOSE?

2 INGLE CLOSE is 74m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% 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 INGLE CLOSE lies on this distribution: 13% of detached houses houses are smaller than 2 INGLE CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Margate.

2 INGLE CLOSE: Plot and Title Map

2 INGLE CLOSE sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 2 INGLE CLOSE, 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 INGLE CLOSE). 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 INGLE CLOSE?

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