2, PARK WOOD CLOSE, BROADSTAIRS, CT10 2XN - £432,500

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 PARK WOOD CLOSE is a midsized detached house of 120m², built sometime between 1976 and 1982, which could now be worth an estimated £518,014. It was last sold for £432,500 in September 2018, which was around 6% above the average September 2018 detached price in the Thanet local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

2 PARK WOOD CLOSE Sold Prices

Land registry data shows five sales for 2 PARK WOOD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. Most of the five 2 PARK WOOD CLOSE 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
2018 26 SEP	£432,500	£408,268	6% above HPI
2010 12 OCT	£285,000	£250,965	14% above HPI
2002 3 DEC	£170,000	£189,000	10% below HPI
2000 28 APR	£123,000	£113,071	9% above HPI
1995 31 JAN	£94,500	£70,957	33% above HPI

2 PARK WOOD 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 five 2 PARK WOOD CLOSE sales between January 1995 and September 2018 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 2010 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2018 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 2 PARK WOOD CLOSE be worth now?

2 PARK WOOD CLOSE might now be worth an estimated £518,014.

This is based on house price inflation of 19.8%, between September 2018 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 19.8% inflationary increase is applied to the most recent sale price for 2 PARK WOOD CLOSE of £432,500 on 26th September 2018. For the value to have increased from £432,500 to £518,014 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 PARK WOOD CLOSE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The September 2018 sale price of £432,500 represented a fair market value for the property.
• The size, condition, and specification of 2 PARK WOOD CLOSE has not materially changed since September 2018.

How Large is 2 PARK WOOD CLOSE?

2 PARK WOOD CLOSE is 120m² according to the EPC inspection conducted in June 2014. This puts it in the largest 50% of detached houses houses in Broadstairs, based on EPC data. The below chart shows the distribution of detached houses houses by size in Broadstairs, and where 2 PARK WOOD CLOSE lies on this distribution: 53% of detached houses houses are smaller than 2 PARK WOOD CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Broadstairs.

2 PARK WOOD CLOSE: Plot and Title Map

2 PARK WOOD CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 2 PARK WOOD 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 PARK WOOD 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 PARK WOOD CLOSE?

2 PARK WOOD CLOSE is located in BROADSTAIRS, in the CT10 postcode district. The below map shows the position of No. 2 on PARK WOOD CLOSE.