36, SPRINGFIELD ROAD, CLIFTONVILLE, MARGATE, CT9 3ED - £295,000

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

36 SPRINGFIELD ROAD is a small detached house of 94m², built sometime between 1967 and 1975. It was last sold for £295,000 in October 2015, which was around 4% below the average October 2015 detached price in the Thanet local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

36 SPRINGFIELD ROAD Sold Prices

Land registry data shows two sales for 36 SPRINGFIELD 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 36 SPRINGFIELD 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
2015 20 OCT	£295,000	£306,637	4% below HPI
2015 13 MAR	£225,000	£280,767	20% below HPI

36 SPRINGFIELD 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 36 SPRINGFIELD ROAD sales from March 2015 and October 2015 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 March 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2015 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 36 SPRINGFIELD ROAD?

36 SPRINGFIELD ROAD is 94m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 40% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 36 SPRINGFIELD ROAD lies on this distribution: 37% of detached houses are smaller than 36 SPRINGFIELD ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Margate.

36 SPRINGFIELD ROAD: Plot and Title Map

36 SPRINGFIELD ROAD sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 36 SPRINGFIELD 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 36 SPRINGFIELD 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 36 SPRINGFIELD ROAD?

36 SPRINGFIELD ROAD is located in CLIFTONVILLE, in the CT9 postcode district. The below map shows the position of No. 36 on SPRINGFIELD ROAD.