228, CANTERBURY ROAD, MARGATE, CT9 5JB - £400,000

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.

228 CANTERBURY ROAD is a midsized extended detached house of 114m², built sometime between 1950 and 1966, which could now be worth an estimated £436,783. It was last sold for £400,000 in June 2021, which was around 11% below the average June 2021 detached price in the Thanet local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

228 CANTERBURY ROAD Sold Prices

Land registry data shows two sales for 228 CANTERBURY ROAD 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 228 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
2021 4 JUN	£400,000	£447,811	11% below HPI
2006 11 AUG	£220,000	£251,748	13% below HPI

228 CANTERBURY ROAD 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 228 CANTERBURY ROAD sales from August 2006 and June 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 August 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 228 CANTERBURY ROAD be worth now?

228 CANTERBURY ROAD might now be worth an estimated £436,783.

This is based on house price inflation of 9.2%, between June 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 9.2% inflationary increase is applied to the most recent sale price for 228 CANTERBURY ROAD of £400,000 on 4th June 2021. For the value to have increased from £400,000 to £436,783 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 228 CANTERBURY ROAD has moved in line with the HPI for detached houses in the Thanet local authority area.
• The June 2021 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 228 CANTERBURY ROAD has not materially changed since June 2021.

How Large is 228 CANTERBURY ROAD?

228 CANTERBURY ROAD is 114m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 50% 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 228 CANTERBURY ROAD lies on this distribution: 58% of detached houses houses are smaller than 228 CANTERBURY ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Margate.

228 CANTERBURY ROAD: Plot and Title Map

228 CANTERBURY ROAD sits on a plot of roughly 0.271 of an acre, or 1,095m². The below map shows the location of 228 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 228 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.

Where is 228 CANTERBURY ROAD?

228 CANTERBURY ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 228 on CANTERBURY ROAD.