34, NORTHDOWN WAY, MARGATE, CT9 3QX - £350,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

34 NORTHDOWN WAY is a midsized detached house of 109m². It was last sold for £350,000 in February 2021, which was around 19% below the average February 2021 detached price in the Thanet local authority area. The most recent EPC inspection was June 2017, where the current energy rating was B, and the potential energy rating was A.

34 NORTHDOWN WAY Sold Prices

Land registry data shows three sales for 34 NORTHDOWN WAY 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 34 NORTHDOWN WAY 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 11 FEB	£350,000	£433,486	19% below HPI
2019 1 JUL	£315,000	£396,965	21% below HPI
2008 31 OCT	£177,000	£247,627	29% below HPI

34 NORTHDOWN WAY 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 NORTHDOWN WAY sales between October 2008 and February 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 July 2019 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 34 NORTHDOWN WAY?

34 NORTHDOWN WAY is 109m² according to the EPC inspection conducted in June 2017. This puts it in the largest 50% 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 NORTHDOWN WAY lies on this distribution: 54% of detached houses are smaller than 34 NORTHDOWN WAY, and 46% of houses are larger. Note that EPC data is not available for all properties in Margate.

34 NORTHDOWN WAY: Plot and Title Map

34 NORTHDOWN WAY sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 34 NORTHDOWN WAY, 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 NORTHDOWN WAY). 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 NORTHDOWN WAY?

34 NORTHDOWN WAY is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 34 on NORTHDOWN WAY.