27, MINSTER ROAD, WESTGATE-ON-SEA, CT8 8BP - £285,000

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

27 MINSTER ROAD is a small detached house of 86m², built sometime between 1930 and 1949. It was last sold for £285,000 in September 2018, which was around 29% below the average September 2018 detached price in the Thanet local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

27 MINSTER ROAD Sold Prices

Land registry data shows two sales for 27 MINSTER 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. One of the two 27 MINSTER ROAD sales was for below the average price, whilst the other was 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
2018 24 SEP	£285,000	£399,245	29% below HPI
1995 31 AUG	£79,500	£72,774	9% above HPI

27 MINSTER 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 27 MINSTER ROAD sales from August 1995 and September 2018 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 August 1995 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the September 2018 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 27 MINSTER ROAD?

27 MINSTER ROAD is 86m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 30% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 27 MINSTER ROAD lies on this distribution: 27% of detached houses are smaller than 27 MINSTER ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Margate.

27 MINSTER ROAD: Plot and Title Map

27 MINSTER ROAD sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 27 MINSTER 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 MINSTER 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 MINSTER ROAD?

27 MINSTER ROAD is located in WESTGATE-ON-SEA, in the CT8 postcode district. The below map shows the position of No. 27 on MINSTER ROAD.