23, STEPHENS CLOSE, MARGATE, CT9 5LZ - £152,500

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.

23 STEPHENS CLOSE is a very small semi-detached house of 61m², built sometime between 1967 and 1975, which could now be worth an estimated £331,088. It was last sold for £152,500 in June 2004, which was about the average June 2004 semi-detached price in the Thanet local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

23 STEPHENS CLOSE Sold Prices

Land registry data shows two sales for 23 STEPHENS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Thanet local authority area for the corresponding sale date. One of the two 23 STEPHENS CLOSE sales was roughly equal to the average price, whilst the other was for above 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
2004 15 JUN	£152,500	£153,197	Close to HPI
2000 19 MAY	£73,500	£72,049	2% above HPI

23 STEPHENS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Thanet local authority area over time, sourced from the HPI. The two 23 STEPHENS CLOSE sales from May 2000 and June 2004 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 2000 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2004 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 23 STEPHENS CLOSE be worth now?

23 STEPHENS CLOSE might now be worth an estimated £331,088.

This is based on house price inflation of 117.1%, between June 2004 and February 2025, for semi-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 117.1% inflationary increase is applied to the most recent sale price for 23 STEPHENS CLOSE of £152,500 on 15th June 2004. For the value to have increased from £152,500 to £331,088 over the 21 years and four months to February 2025, the following assumptions must hold true:

• The value of 23 STEPHENS CLOSE has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The June 2004 sale price of £152,500 represented a fair market value for the property.
• The size, condition, and specification of 23 STEPHENS CLOSE has not materially changed since June 2004.

How Large is 23 STEPHENS CLOSE?

23 STEPHENS CLOSE is 61m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 10% of semi-detached houses houses in Margate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Margate, and where 23 STEPHENS CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 23 STEPHENS CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Margate.

23 STEPHENS CLOSE: Plot and Title Map

23 STEPHENS CLOSE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 23 STEPHENS 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 23 STEPHENS 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 23 STEPHENS CLOSE?

23 STEPHENS CLOSE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 23 on STEPHENS CLOSE.