38, ALPHA ROAD, BIRCHINGTON, CT7 9EQ - £300,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

38 ALPHA ROAD is a small detached house of 95m², built sometime between 1950 and 1966. It was last sold for £300,000 in October 2014, which was around 6% above the average October 2014 detached price in the Thanet local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

38 ALPHA ROAD Sold Prices

Land registry data shows two sales for 38 ALPHA 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. One of the two 38 ALPHA ROAD sales was for above the average price, whilst the other was roughly equal to 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
2014 27 OCT	£300,000	£282,604	6% above HPI
2006 18 DEC	£245,000	£244,771	Close to HPI

38 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 two 38 ALPHA ROAD sales from December 2006 and October 2014 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 roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2014 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 38 ALPHA ROAD?

38 ALPHA ROAD is 95m² according to the EPC inspection conducted in June 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 38 ALPHA ROAD lies on this distribution: 39% of detached houses are smaller than 38 ALPHA ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Margate.

38 ALPHA ROAD: Plot and Title Map

38 ALPHA ROAD sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 38 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 38 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 38 ALPHA ROAD?

38 ALPHA ROAD is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 38 on ALPHA ROAD.