4, CRISPE PARK CLOSE, BIRCHINGTON, CT7 9BN - £489,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 CRISPE PARK CLOSE is a large detached house of 132m², built sometime between 1991 and 1995, which could now be worth an estimated £579,736. It was last sold for £489,000 in July 2020, which was around 19% above the average July 2020 detached price in the Thanet local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

4 CRISPE PARK CLOSE Sold Prices

Land registry data shows three sales for 4 CRISPE PARK CLOSE 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 4 CRISPE PARK CLOSE sales were for 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
2020 21 JUL	£489,000	£412,458	19% above HPI
2013 23 JAN	£340,000	£244,477	39% above HPI
1996 18 DEC	£95,000	£74,712	27% above HPI

4 CRISPE PARK CLOSE 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 4 CRISPE PARK CLOSE sales between December 1996 and July 2020 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 2013 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the July 2020 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 4 CRISPE PARK CLOSE be worth now?

4 CRISPE PARK CLOSE might now be worth an estimated £579,736.

This is based on house price inflation of 18.6%, between July 2020 and February 2025, for detached houses, in the Thanet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.6% inflationary increase is applied to the most recent sale price for 4 CRISPE PARK CLOSE of £489,000 on 21st July 2020. For the value to have increased from £489,000 to £579,736 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 4 CRISPE PARK CLOSE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The July 2020 sale price of £489,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CRISPE PARK CLOSE has not materially changed since July 2020.

How Large is 4 CRISPE PARK CLOSE?

4 CRISPE PARK CLOSE is 132m² according to the EPC inspection conducted in June 2012. This puts it in the largest 30% of detached houses houses in Margate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Margate, and where 4 CRISPE PARK CLOSE lies on this distribution: 72% of detached houses houses are smaller than 4 CRISPE PARK CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Margate.

4 CRISPE PARK CLOSE: Plot and Title Map

4 CRISPE PARK CLOSE sits on a plot of roughly 0.301 of an acre, or 1,218m². The below map shows the location of 4 CRISPE PARK CLOSE, 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 4 CRISPE PARK CLOSE). 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 4 CRISPE PARK CLOSE?

4 CRISPE PARK CLOSE is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 4 on CRISPE PARK CLOSE.