27, MARGATE ROAD, HERNE BAY, CT6 7BH - £320,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

27 MARGATE ROAD is a very small detached house of 66m², built sometime between 1930 and 1949. It was last sold for £320,000 in April 2022, which was around 39% below the average April 2022 detached price in the Canterbury local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

27 MARGATE ROAD Sold Prices

Land registry data shows two sales for 27 MARGATE 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 Canterbury local authority area for the corresponding sale date. Both of the two 27 MARGATE 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
2022 6 APR	£320,000	£523,935	39% below HPI
2012 5 DEC	£190,000	£305,139	38% below HPI

27 MARGATE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Canterbury local authority area over time, sourced from the HPI. The two 27 MARGATE ROAD sales from December 2012 and April 2022 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 2012 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the April 2022 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 27 MARGATE ROAD?

27 MARGATE ROAD is 66m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of detached houses in Broomfield, based on EPC data. The below chart shows the distribution of detached houses by size in Broomfield, and where 27 MARGATE ROAD lies on this distribution: 10% of detached houses are smaller than 27 MARGATE ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Broomfield.

27 MARGATE ROAD: Plot and Title Map

27 MARGATE ROAD sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 27 MARGATE 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 27 MARGATE 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 27 MARGATE ROAD?

27 MARGATE ROAD is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 27 on MARGATE ROAD.