33, SPENCER ROAD, BIRCHINGTON, CT7 9EZ - £425,000

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

33 SPENCER ROAD is a very large detached house of 157m², built sometime between 1976 and 1982. It was last sold for £425,000 in February 2016, which was around 34% above the average February 2016 detached price in the Thanet local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

33 SPENCER ROAD Sold Prices

Land registry data shows two sales for 33 SPENCER 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 33 SPENCER 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
2016 26 FEB	£425,000	£316,326	34% above HPI
2005 16 MAY	£305,000	£234,627	30% above HPI

33 SPENCER 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 33 SPENCER ROAD sales from May 2005 and February 2016 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 2005 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the February 2016 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 33 SPENCER ROAD?

33 SPENCER ROAD is 157m² according to the EPC inspection conducted in August 2015. 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 33 SPENCER ROAD lies on this distribution: 83% of detached houses are smaller than 33 SPENCER ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Margate.

33 SPENCER ROAD: Plot and Title Map

33 SPENCER ROAD sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 33 SPENCER 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 33 SPENCER 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 33 SPENCER ROAD?

33 SPENCER ROAD is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 33 on SPENCER ROAD.