249, CANTERBURY ROAD, MARGATE, CT9 5JR - £335,000

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.

249 CANTERBURY ROAD is a large extended semi-detached house of 131m², built sometime between 1900 and 1929, which could now be worth an estimated £375,186. It was last sold for £335,000 in May 2021, which was around 13% above the average May 2021 semi-detached price in the Thanet local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

249 CANTERBURY ROAD Sold Prices

Land registry data shows four sales for 249 CANTERBURY ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Thanet local authority area for the corresponding sale date. Most of the four 249 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 7 MAY	£335,000	£296,976	13% above HPI
2017 30 NOV	£240,000	£259,833	8% below HPI
1998 16 JAN	£52,500	£53,887	3% below HPI
1997 4 APR	£42,000	£48,924	14% below HPI

249 CANTERBURY ROAD 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 four 249 CANTERBURY ROAD sales between April 1997 and May 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 November 2017 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2021 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 249 CANTERBURY ROAD be worth now?

249 CANTERBURY ROAD might now be worth an estimated £375,186.

This is based on house price inflation of 12%, between May 2021 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 12% inflationary increase is applied to the most recent sale price for 249 CANTERBURY ROAD of £335,000 on 7th May 2021. For the value to have increased from £335,000 to £375,186 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 249 CANTERBURY ROAD has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The May 2021 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 249 CANTERBURY ROAD has not materially changed since May 2021.

How Large is 249 CANTERBURY ROAD?

249 CANTERBURY ROAD is 131m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 30% 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 249 CANTERBURY ROAD lies on this distribution: 71% of semi-detached houses houses are smaller than 249 CANTERBURY ROAD, and 28% of houses are larger. Note that EPC data is not available for all properties in Margate.

249 CANTERBURY ROAD: Plot and Title Map

249 CANTERBURY ROAD sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 249 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 249 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 249 CANTERBURY ROAD?

249 CANTERBURY ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 249 on CANTERBURY ROAD.