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
3 WELLESLEY CLOSE is a small extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £345,000 in January 2021, which was around 20% below the average January 2021 detached price in the Thanet local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 3 WELLESLEY CLOSE since 1st 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 WELLESLEY CLOSE 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 |
---|---|---|---|
2021 29 JAN | £345,000 | £432,015 | 20% below HPI |
2012 21 JUN | £159,995 | £230,982 | 31% below HPI |
The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The two 3 WELLESLEY CLOSE sales from June 2012 and January 2021 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 June 2012 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.
3 WELLESLEY CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 30% of detached houses in Broadstairs, based on EPC data. The below chart shows the distribution of detached houses by size in Broadstairs, and where 3 WELLESLEY CLOSE lies on this distribution: 23% of detached houses are smaller than 3 WELLESLEY CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Broadstairs.
3 WELLESLEY CLOSE sits on a plot of roughly 0.177 of an acre, or 715m². The below map shows the location of 3 WELLESLEY CLOSE, 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 WELLESLEY CLOSE). 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.
3 WELLESLEY CLOSE is located in BROADSTAIRS, in the CT10 postcode district. The below map shows the position of No. 3 on WELLESLEY CLOSE.