3, THE PADDOCKS, CLIFTONVILLE, MARGATE, CT9 3UU - £535,000

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 THE PADDOCKS is a very large detached house of 156m², built sometime between 2003 and 2006. It was last sold for £535,000 in July 2017, which was around 47% above the average July 2017 detached price in the Thanet local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

3 THE PADDOCKS Sold Prices

Land registry data shows two sales for 3 THE PADDOCKS 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 THE PADDOCKS 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
2017 28 JUL	£535,000	£363,107	47% above HPI
1997 30 MAY	£132,500	£76,743	73% above HPI

3 THE PADDOCKS 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 THE PADDOCKS sales from May 1997 and July 2017 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 May 1997 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the July 2017 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 3 THE PADDOCKS?

3 THE PADDOCKS is 156m² according to the EPC inspection conducted in August 2016. 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 THE PADDOCKS lies on this distribution: 83% of detached houses are smaller than 3 THE PADDOCKS, and 17% of houses are larger. Note that EPC data is not available for all properties in Margate.

3 THE PADDOCKS: Plot and Title Map

3 THE PADDOCKS sits on a plot of roughly 0.187 of an acre, or 755m². The below map shows the location of 3 THE PADDOCKS, 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 THE PADDOCKS). 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 THE PADDOCKS?

3 THE PADDOCKS is located in CLIFTONVILLE, in the CT9 postcode district. The below map shows the position of No. 3 on THE PADDOCKS.