37, ALPHA ROAD, BIRCHINGTON, CT7 9EG - £495,000

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

37 ALPHA ROAD is a very small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £495,000 in October 2022, which was around 4% below the average October 2022 detached price in the Thanet local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

37 ALPHA ROAD Sold Prices

Land registry data shows nine sales for 37 ALPHA ROAD since 1^st January 1995. The below table shows the price paid for the nine sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. The nine 37 ALPHA ROAD sales were a mix of below the average price, roughly equal to the average price, and 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 28 OCT	£495,000	£515,904	4% below HPI
2016 15 JAN	£349,950	£312,544	12% above HPI
2010 8 JUN	£245,000	£239,473	2% above HPI
2009 20 APR	£243,000	£219,500	11% above HPI
2006 23 NOV	£271,300	£249,528	9% above HPI
2003 26 AUG	£197,500	£201,571	2% below HPI
1999 9 JUL	£91,000	£90,633	Close to HPI
1998 21 SEP	£93,000	£85,248	9% above HPI
1995 26 JUN	£66,000	£71,216	7% below HPI

37 ALPHA 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 nine 37 ALPHA ROAD sales between June 1995 and October 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 January 2016 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2022 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 37 ALPHA ROAD?

37 ALPHA ROAD is 77m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 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 37 ALPHA ROAD lies on this distribution: 16% of detached houses are smaller than 37 ALPHA ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Margate.

37 ALPHA ROAD: Plot and Title Map

37 ALPHA ROAD sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 37 ALPHA 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 37 ALPHA 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 37 ALPHA ROAD?

37 ALPHA ROAD is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 37 on ALPHA ROAD.