23, SPENCER ROAD, BIRCHINGTON, CT7 9EZ - £259,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

23 SPENCER ROAD is a midsized detached house of 115m², built sometime between 1967 and 1975. It was last sold for £259,500 in August 2014, which was around 3% below the average August 2014 detached price in the Thanet local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

23 SPENCER ROAD Sold Prices

Land registry data shows two sales for 23 SPENCER 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 23 SPENCER 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
2014 1 AUG	£259,500	£268,484	3% below HPI
2011 31 OCT	£220,000	£236,070	7% below HPI

23 SPENCER 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 23 SPENCER ROAD sales from October 2011 and August 2014 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 2011 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2014 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 23 SPENCER ROAD?

23 SPENCER ROAD is 115m² according to the EPC inspection conducted in December 2015. This puts it in the largest 50% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 23 SPENCER ROAD lies on this distribution: 59% of detached houses are smaller than 23 SPENCER ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Margate.

23 SPENCER ROAD: Plot and Title Map

23 SPENCER ROAD sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 23 SPENCER 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 23 SPENCER 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 23 SPENCER ROAD?

23 SPENCER ROAD is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 23 on SPENCER ROAD.