31, GRENHAM ROAD, BIRCHINGTON, CT7 9JG - £270,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

31 GRENHAM ROAD is a very small detached house of 60m², built sometime between 1950 and 1966, which could now be worth an estimated £536,774. It was last sold for £270,000 in August 2010, which was around 10% above the average August 2010 detached price in the Thanet local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was E.

31 GRENHAM ROAD Sold Prices

Land registry data shows three sales for 31 GRENHAM ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. All of the three 31 GRENHAM ROAD 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
2010 18 AUG	£270,000	£245,965	10% above HPI
2004 29 JUL	£263,000	£234,370	12% above HPI
2002 18 APR	£159,995	£152,763	5% above HPI

31 GRENHAM 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 three 31 GRENHAM ROAD sales between April 2002 and August 2010 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 2004 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2010 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 31 GRENHAM ROAD be worth now?

31 GRENHAM ROAD might now be worth an estimated £536,774.

This is based on house price inflation of 98.8%, between August 2010 and February 2025, for detached houses, in the Thanet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 98.8% inflationary increase is applied to the most recent sale price for 31 GRENHAM ROAD of £270,000 on 18th August 2010. For the value to have increased from £270,000 to £536,774 over the fifteen years and six months to February 2025, the following assumptions must hold true:

• The value of 31 GRENHAM ROAD has moved in line with the HPI for detached houses in the Thanet local authority area.
• The August 2010 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 31 GRENHAM ROAD has not materially changed since August 2010.

How Large is 31 GRENHAM ROAD?

31 GRENHAM ROAD is 60m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 10% of detached houses houses in Margate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Margate, and where 31 GRENHAM ROAD lies on this distribution: 3% of detached houses houses are smaller than 31 GRENHAM ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Margate.

31 GRENHAM ROAD: Plot and Title Map

31 GRENHAM ROAD sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 31 GRENHAM 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 GRENHAM 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 GRENHAM ROAD?

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