3, SMUGGLERS WAY, BIRCHINGTON, CT7 9HP - £356,000

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 SMUGGLERS WAY is a very small detached house of 48m², built sometime between 1950 and 1966. It was last sold for £356,000 in January 2020, which was around 10% below the average January 2020 detached price in the Thanet local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

3 SMUGGLERS WAY Sold Prices

Land registry data shows four sales for 3 SMUGGLERS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. All of the four 3 SMUGGLERS WAY 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
2020 10 JAN	£356,000	£394,502	10% below HPI
2012 14 AUG	£217,000	£235,790	8% below HPI
2002 24 SEP	£143,000	£170,525	16% below HPI
1998 20 FEB	£69,500	£81,304	15% below HPI

3 SMUGGLERS WAY 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 four 3 SMUGGLERS WAY sales between February 1998 and January 2020 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 2012 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2020 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 3 SMUGGLERS WAY?

3 SMUGGLERS WAY is 48m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 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 3 SMUGGLERS WAY lies on this distribution: 1% of detached houses are smaller than 3 SMUGGLERS WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Margate.

3 SMUGGLERS WAY: Plot and Title Map

3 SMUGGLERS WAY sits on a plot of roughly 0.158 of an acre, or 640m². The below map shows the location of 3 SMUGGLERS WAY, 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 SMUGGLERS WAY). 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 SMUGGLERS WAY?

3 SMUGGLERS WAY is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 3 on SMUGGLERS WAY.