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
25 FARLEY ROAD is a midsized detached house of 116m², built in 2020. It was last sold for £525,000 in November 2023, which was around 7% above the average November 2023 detached price in the Thanet local authority area. The most recent EPC inspection was July 2021, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 25 FARLEY ROAD since 1st 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. One of the two 25 FARLEY ROAD sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2023 24 NOV | £525,000 | £492,509 | 7% above HPI |
2017 1 DEC | £210,000 | £383,497 | 45% below HPI |
The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The two 25 FARLEY ROAD sales from December 2017 and November 2023 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 December 2017 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2023 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.
25 FARLEY ROAD is 116m² according to the EPC inspection conducted in July 2021. This puts it in the largest 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 25 FARLEY ROAD lies on this distribution: 60% of detached houses are smaller than 25 FARLEY ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Margate.
25 FARLEY ROAD sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 25 FARLEY 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 25 FARLEY 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.
25 FARLEY ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 25 on FARLEY ROAD.