31, ALBION ROAD, BIRCHINGTON, CT7 9DS - £445,000

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

31 ALBION ROAD is a small detached house of 85m², built sometime between 1967 and 1975. It was last sold for £445,000 in January 2022, which was around 7% below the average January 2022 detached price in the Thanet local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

31 ALBION ROAD Sold Prices

Land registry data shows two sales for 31 ALBION ROAD 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 31 ALBION ROAD 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
2022 14 JAN	£445,000	£479,043	7% below HPI
1996 11 JUL	£62,000	£69,901	11% below HPI

31 ALBION 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 two 31 ALBION ROAD sales from July 1996 and January 2022 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 1996 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 31 ALBION ROAD?

31 ALBION ROAD is 85m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 30% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 31 ALBION ROAD lies on this distribution: 25% of detached houses are smaller than 31 ALBION ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Margate.

31 ALBION ROAD: Plot and Title Map

31 ALBION ROAD sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 31 ALBION 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 31 ALBION 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 31 ALBION ROAD?

31 ALBION ROAD is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 31 on ALBION ROAD.