25, THE RIDINGS, CLIFTONVILLE, MARGATE, CT9 3EJ - £355,000

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

25 THE RIDINGS is a very large extended detached house of 159m², built sometime between 1983 and 1990. It was last sold for £355,000 in February 2010, which was around 50% above the average February 2010 detached price in the Thanet local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

25 THE RIDINGS Sold Prices

Land registry data shows two sales for 25 THE RIDINGS 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 25 THE RIDINGS sales were 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
2010 25 FEB	£355,000	£237,181	50% above HPI
2004 1 OCT	£307,000	£239,876	28% above HPI

25 THE RIDINGS 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 25 THE RIDINGS sales from October 2004 and February 2010 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 October 2004 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the February 2010 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 25 THE RIDINGS?

25 THE RIDINGS is 159m², which includes two extensions, according to the EPC inspection conducted in March 2009. This puts it in the largest 20% 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 THE RIDINGS lies on this distribution: 84% of detached houses are smaller than 25 THE RIDINGS, and 16% of houses are larger. Note that EPC data is not available for all properties in Margate.

25 THE RIDINGS: Plot and Title Map

25 THE RIDINGS sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 25 THE RIDINGS, 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 THE RIDINGS). 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 25 THE RIDINGS?

25 THE RIDINGS is located in CLIFTONVILLE, in the CT9 postcode district. The below map shows the position of No. 25 on THE RIDINGS.