24, EDWARD DRIVE, BIRCHINGTON, CT7 9BY - £347,000

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

24 EDWARD DRIVE is a small detached house of 95m², built sometime between 1967 and 1975. It was last sold for £347,000 in April 2019, which was around 10% below the average April 2019 detached price in the Thanet local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

24 EDWARD DRIVE Sold Prices

Land registry data shows two sales for 24 EDWARD DRIVE 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 24 EDWARD DRIVE 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
2019 30 APR	£347,000	£383,782	10% below HPI
2008 21 FEB	£155,000	£273,243	43% below HPI

24 EDWARD DRIVE 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 24 EDWARD DRIVE sales from February 2008 and April 2019 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 February 2008 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the April 2019 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 24 EDWARD DRIVE?

24 EDWARD DRIVE is 95m² according to the EPC inspection conducted in August 2018. 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 24 EDWARD DRIVE lies on this distribution: 39% of detached houses are smaller than 24 EDWARD DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Margate.

24 EDWARD DRIVE: Plot and Title Map

24 EDWARD DRIVE sits on a plot of roughly 0.069 of an acre, or 277m². The below map shows the location of 24 EDWARD DRIVE, 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 24 EDWARD DRIVE). 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 24 EDWARD DRIVE?

24 EDWARD DRIVE is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 24 on EDWARD DRIVE.