244, CANTERBURY ROAD, MARGATE, CT9 5JB - £285,000

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.

244 CANTERBURY ROAD is a very small detached house of 73m², built sometime between 1950 and 1966, which could now be worth an estimated £384,532. It was last sold for £285,000 in May 2017, which was around 21% below the average May 2017 detached price in the Thanet local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was B.

244 CANTERBURY ROAD Sold Prices

Land registry data shows two sales for 244 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 244 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
2017 26 MAY	£285,000	£362,421	21% below HPI
1999 29 JUN	£77,995	£90,457	14% below HPI

244 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 244 CANTERBURY ROAD sales from June 1999 and May 2017 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 June 1999 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2017 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 244 CANTERBURY ROAD be worth now?

244 CANTERBURY ROAD might now be worth an estimated £384,532.

This is based on house price inflation of 34.9%, between May 2017 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 34.9% inflationary increase is applied to the most recent sale price for 244 CANTERBURY ROAD of £285,000 on 26th May 2017. For the value to have increased from £285,000 to £384,532 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of 244 CANTERBURY ROAD has moved in line with the HPI for detached houses in the Thanet local authority area.
• The May 2017 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 244 CANTERBURY ROAD has not materially changed since May 2017.

How Large is 244 CANTERBURY ROAD?

244 CANTERBURY ROAD is 73m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% 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 244 CANTERBURY ROAD lies on this distribution: 12% of detached houses houses are smaller than 244 CANTERBURY ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Margate.

244 CANTERBURY ROAD: Plot and Title Map

244 CANTERBURY ROAD sits on a plot of roughly 0.220 of an acre, or 892m². The below map shows the location of 244 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 244 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 244 CANTERBURY ROAD?

244 CANTERBURY ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 244 on CANTERBURY ROAD.