2, PINE TREE CLOSE, BIRCHINGTON, CT7 9DT - £265,000

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 PINE TREE CLOSE is a small extended detached house of 89m², built sometime between 1996 and 2002. It was last sold for £265,000 in December 2015, which was around 14% below the average December 2015 detached price in the Thanet local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

2 PINE TREE CLOSE Sold Prices

Land registry data shows two sales for 2 PINE TREE 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. One of the two 2 PINE TREE CLOSE sales was for below the average price, whilst the other was 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 7 DEC	£265,000	£309,753	14% below HPI
2000 26 MAY	£127,500	£111,339	15% above HPI

2 PINE TREE 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 PINE TREE CLOSE sales from May 2000 and December 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 May 2000 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the December 2015 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 PINE TREE CLOSE?

2 PINE TREE CLOSE is 89m², which includes two extensions, according to the EPC inspection conducted in August 2015. This puts it in the smallest 40% 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 PINE TREE CLOSE lies on this distribution: 30% of detached houses are smaller than 2 PINE TREE CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Margate.

2 PINE TREE CLOSE: Plot and Title Map

2 PINE TREE CLOSE sits on a plot of roughly 0.080 of an acre, or 326m². The below map shows the location of 2 PINE TREE 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 PINE TREE 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 PINE TREE CLOSE?

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