38, KING EDWARD ROAD, BIRCHINGTON, CT7 0EQ - £360,000

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

38 KING EDWARD ROAD is a midsized detached house of 97m², built sometime between 1967 and 1975. It was last sold for £360,000 in September 2019, which was around 11% below the average September 2019 detached price in the Thanet local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

38 KING EDWARD ROAD Sold Prices

Land registry data shows three sales for 38 KING EDWARD ROAD 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 38 KING EDWARD 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
2019 27 SEP	£360,000	£406,248	11% below HPI
2006 20 NOV	£200,000	£249,528	20% below HPI
2003 26 SEP	£166,000	£201,845	18% below HPI

38 KING EDWARD 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 three 38 KING EDWARD ROAD sales between September 2003 and September 2019 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 November 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2019 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 38 KING EDWARD ROAD?

38 KING EDWARD ROAD is 97m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 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 38 KING EDWARD ROAD lies on this distribution: 42% of detached houses are smaller than 38 KING EDWARD ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Margate.

38 KING EDWARD ROAD: Plot and Title Map

38 KING EDWARD ROAD sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 38 KING EDWARD 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 KING EDWARD 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 KING EDWARD ROAD?

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