28, GROSVENOR PLACE, MARGATE, CT9 1UW - £260,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

28 GROSVENOR PLACE is a small detached house of 86m², built sometime between 1991 and 1995. It was last sold for £260,000 in March 2022, which was around 46% below the average March 2022 detached price in the Thanet local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

28 GROSVENOR PLACE Sold Prices

Land registry data shows three sales for 28 GROSVENOR PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. All of the three 28 GROSVENOR PLACE 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 29 MAR	£260,000	£483,035	46% below HPI
2015 10 SEP	£162,000	£302,553	46% below HPI
2007 19 NOV	£147,500	£270,548	45% below HPI

28 GROSVENOR PLACE 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 three 28 GROSVENOR PLACE sales between November 2007 and March 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 September 2015 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the March 2022 sale, which was also at 46% below the HPI.

How Large is 28 GROSVENOR PLACE?

28 GROSVENOR PLACE is 86m² according to the EPC inspection conducted in November 2014. 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 28 GROSVENOR PLACE lies on this distribution: 27% of detached houses are smaller than 28 GROSVENOR PLACE, and 73% of houses are larger. Note that EPC data is not available for all properties in Margate.

28 GROSVENOR PLACE: Plot and Title Map

28 GROSVENOR PLACE sits on a plot of roughly 0.024 of an acre, or 97m². The below map shows the location of 28 GROSVENOR PLACE, 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 28 GROSVENOR PLACE). 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 28 GROSVENOR PLACE?

28 GROSVENOR PLACE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 28 on GROSVENOR PLACE.