Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources
218 CANTERBURY ROAD is a small detached house of 94m², built sometime between 1950 and 1966. It was last sold for £375,000 in April 2022, which was around 23% below the average April 2022 detached price in the Thanet local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 218 CANTERBURY ROAD since 1st 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 218 CANTERBURY ROAD 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 |
---|---|---|---|
2022 13 APR | £375,000 | £487,525 | 23% below HPI |
2001 25 MAY | £123,500 | £128,959 | 4% below HPI |
1997 10 JUL | £65,000 | £75,560 | 14% below HPI |
The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The three 218 CANTERBURY ROAD sales between July 1997 and April 2022 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 2001 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
218 CANTERBURY ROAD is 94m² according to the EPC inspection conducted in May 2019. 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 218 CANTERBURY ROAD lies on this distribution: 37% of detached houses are smaller than 218 CANTERBURY ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Margate.
218 CANTERBURY ROAD sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 218 CANTERBURY ROAD, 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 218 CANTERBURY ROAD). 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.
218 CANTERBURY ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 218 on CANTERBURY ROAD.