21, MELLANBY CLOSE, BIRCHINGTON, CT7 0BZ - £320,000

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

21 MELLANBY CLOSE is a large extended detached house of 123m², built sometime between 1967 and 1975. It was last sold for £320,000 in October 2020, which was around 23% below the average October 2020 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.

21 MELLANBY CLOSE Sold Prices

Land registry data shows three sales for 21 MELLANBY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. All of the three 21 MELLANBY 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
2020 30 OCT	£320,000	£415,532	23% below HPI
1999 15 MAR	£71,500	£88,732	19% below HPI
1999 1 JAN	£88,000	£89,262	1% below HPI

21 MELLANBY 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 three 21 MELLANBY CLOSE sales between January 1999 and October 2020 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 March 1999 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 21 MELLANBY CLOSE?

21 MELLANBY CLOSE is 123m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 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 21 MELLANBY CLOSE lies on this distribution: 65% of detached houses are smaller than 21 MELLANBY CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Margate.

21 MELLANBY CLOSE: Plot and Title Map

21 MELLANBY CLOSE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 21 MELLANBY 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 21 MELLANBY 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 21 MELLANBY CLOSE?

21 MELLANBY CLOSE is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 21 on MELLANBY CLOSE.