34, GRENHAM ROAD, BIRCHINGTON, CT7 9JG - £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

34 GRENHAM ROAD is a small extended detached house of 86m², built sometime between 1950 and 1966. It was last sold for £425,000 in February 2022, which was around 12% below the average February 2022 detached price in the Thanet local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

34 GRENHAM ROAD Sold Prices

Land registry data shows three sales for 34 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. Two of the three 34 GRENHAM ROAD sales were for below the average price, whilst one was 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
2022 11 FEB	£425,000	£484,423	12% below HPI
1997 15 SEP	£79,950	£79,127	1% above HPI
1995 22 AUG	£72,000	£72,774	1% below HPI

34 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 34 GRENHAM ROAD sales between August 1995 and February 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 September 1997 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 34 GRENHAM ROAD?

34 GRENHAM ROAD is 86m², which includes one extension, according to the EPC inspection conducted in September 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 34 GRENHAM ROAD lies on this distribution: 27% of detached houses are smaller than 34 GRENHAM ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Margate.

34 GRENHAM ROAD: Plot and Title Map

34 GRENHAM ROAD sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of 34 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 34 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 34 GRENHAM ROAD?

34 GRENHAM ROAD is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 34 on GRENHAM ROAD.