28, NORFOLK ROAD, CLIFTONVILLE, MARGATE, CT9 2HY - £225,000

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

28 NORFOLK ROAD is a very large detached house of 260m², built sometime between 1950 and 1966. It was last sold for £225,000 in August 2003, which was around 12% above the average August 2003 detached price in the Thanet local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.

28 NORFOLK ROAD Sold Prices

Land registry data shows two sales for 28 NORFOLK 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. Both of the two 28 NORFOLK ROAD 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
2003 6 AUG	£225,000	£201,571	12% above HPI
1997 17 OCT	£85,000	£80,587	5% above HPI

28 NORFOLK 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 28 NORFOLK ROAD sales from October 1997 and August 2003 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 1997 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2003 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 28 NORFOLK ROAD?

28 NORFOLK ROAD is 260m² according to the EPC inspection conducted in January 2015. This puts it in the largest 10% 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 NORFOLK ROAD lies on this distribution: 97% of detached houses are smaller than 28 NORFOLK ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Margate.

28 NORFOLK ROAD: Plot and Title Map

28 NORFOLK ROAD sits on a plot of roughly 0.106 of an acre, or 431m². The below map shows the location of 28 NORFOLK 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 28 NORFOLK 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 28 NORFOLK ROAD?

28 NORFOLK ROAD is located in CLIFTONVILLE, in the CT9 postcode district. The below map shows the position of No. 28 on NORFOLK ROAD.