2, RUTLAND GARDENS, CLIFTONVILLE, MARGATE, CT9 3AY - £368,000

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 RUTLAND GARDENS is a small detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £405,945. It was last sold for £368,000 in February 2021, which was around 17% below the average February 2021 detached price in the Thanet local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

2 RUTLAND GARDENS Sold Prices

Land registry data shows two sales for 2 RUTLAND GARDENS 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 RUTLAND GARDENS 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
2021 23 FEB	£368,000	£443,283	17% below HPI
1999 21 OCT	£99,000	£99,594	1% below HPI

2 RUTLAND GARDENS 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 RUTLAND GARDENS sales from October 1999 and February 2021 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 1999 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 2 RUTLAND GARDENS be worth now?

2 RUTLAND GARDENS might now be worth an estimated £405,945.

This is based on house price inflation of 10.3%, between February 2021 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 10.3% inflationary increase is applied to the most recent sale price for 2 RUTLAND GARDENS of £368,000 on 23rd February 2021. For the value to have increased from £368,000 to £405,945 over the four years to February 2025, the following assumptions must hold true:

• The value of 2 RUTLAND GARDENS has moved in line with the HPI for detached houses in the Thanet local authority area.
• The February 2021 sale price of £368,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RUTLAND GARDENS has not materially changed since February 2021.

How Large is 2 RUTLAND GARDENS?

2 RUTLAND GARDENS is 90m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% 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 RUTLAND GARDENS lies on this distribution: 32% of detached houses houses are smaller than 2 RUTLAND GARDENS, and 67% of houses are larger. Note that EPC data is not available for all properties in Margate.

2 RUTLAND GARDENS: Plot and Title Map

2 RUTLAND GARDENS sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 2 RUTLAND GARDENS, 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 RUTLAND GARDENS). 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 RUTLAND GARDENS?

2 RUTLAND GARDENS is located in CLIFTONVILLE, in the CT9 postcode district. The below map shows the position of No. 2 on RUTLAND GARDENS.