29, SPRINGFIELD ROAD, CLIFTONVILLE, MARGATE, CT9 3ED - £600,000

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

29 SPRINGFIELD ROAD is a small detached house of 94m², built sometime between 1967 and 1975. It was last sold for £600,000 in August 2024, which was around 24% above the average August 2024 detached price in the Thanet local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.

29 SPRINGFIELD ROAD Sold Prices

Land registry data shows three sales for 29 SPRINGFIELD ROAD 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. Two of the three 29 SPRINGFIELD ROAD sales were for above the average price, whilst one was 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
2024 8 AUG	£600,000	£484,041	24% above HPI
2023 21 JUL	£410,000	£499,107	18% below HPI
2001 17 APR	£127,000	£125,686	1% above HPI

29 SPRINGFIELD 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 three 29 SPRINGFIELD ROAD sales between April 2001 and August 2024 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 July 2023 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2024 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 29 SPRINGFIELD ROAD?

29 SPRINGFIELD ROAD is 94m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 40% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 29 SPRINGFIELD ROAD lies on this distribution: 37% of detached houses are smaller than 29 SPRINGFIELD ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Margate.

29 SPRINGFIELD ROAD: Plot and Title Map

29 SPRINGFIELD ROAD sits on a plot of roughly 0.155 of an acre, or 626m². The below map shows the location of 29 SPRINGFIELD 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 29 SPRINGFIELD 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 29 SPRINGFIELD ROAD?

29 SPRINGFIELD ROAD is located in CLIFTONVILLE, in the CT9 postcode district. The below map shows the position of No. 29 on SPRINGFIELD ROAD.