3, NORTHUMBERLAND MEWS, MARGATE, CT9 3FG - £540,000

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

3 NORTHUMBERLAND MEWS is a very large detached house of 170m². It was last sold for £540,000 in March 2019, which was around 40% above the average March 2019 detached price in the Thanet local authority area. The most recent EPC inspection was December 2018, where the current energy rating was B, and the potential energy rating was A.

3 NORTHUMBERLAND MEWS Sold Prices

Land registry data shows two sales for 3 NORTHUMBERLAND MEWS 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 3 NORTHUMBERLAND MEWS 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
2019 25 MAR	£540,000	£386,407	40% above HPI
2017 11 DEC	£500,000	£383,497	30% above HPI

3 NORTHUMBERLAND MEWS 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 3 NORTHUMBERLAND MEWS sales from December 2017 and March 2019 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 2017 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the March 2019 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 3 NORTHUMBERLAND MEWS?

3 NORTHUMBERLAND MEWS is 170m² according to the EPC inspection conducted in December 2018. This puts it in the largest 20% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 3 NORTHUMBERLAND MEWS lies on this distribution: 87% of detached houses are smaller than 3 NORTHUMBERLAND MEWS, and 13% of houses are larger. Note that EPC data is not available for all properties in Margate.

3 NORTHUMBERLAND MEWS: Plot and Title Map

3 NORTHUMBERLAND MEWS sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 3 NORTHUMBERLAND MEWS, 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 3 NORTHUMBERLAND MEWS). 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 3 NORTHUMBERLAND MEWS?

3 NORTHUMBERLAND MEWS is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 3 on NORTHUMBERLAND MEWS.