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
340 CANTERBURY ROAD is a very small detached house of 52m², built sometime between 1950 and 1966. It was last sold for £160,000 in October 2012, which was around 34% below the average October 2012 detached price in the Thanet local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows four sales for 340 CANTERBURY ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. All of the four 340 CANTERBURY 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 |
---|---|---|---|
2012 30 OCT | £160,000 | £241,739 | 34% below HPI |
2006 1 DEC | £189,000 | £244,771 | 23% below HPI |
2005 25 APR | £155,000 | £233,600 | 34% below HPI |
1997 4 APR | £54,950 | £75,135 | 27% below HPI |
The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The four 340 CANTERBURY ROAD sales between April 1997 and October 2012 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 December 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2012 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.
340 CANTERBURY ROAD is 52m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 340 CANTERBURY ROAD lies on this distribution: 1% of detached houses are smaller than 340 CANTERBURY ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Margate.
340 CANTERBURY ROAD sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 340 CANTERBURY 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 340 CANTERBURY 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.
340 CANTERBURY ROAD is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 340 on CANTERBURY ROAD.