4, GOLDEN ACRE LANE, WESTGATE-ON-SEA, CT8 8HE - £360,000

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 GOLDEN ACRE LANE is a very small extended detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £345,827. It was last sold for £360,000 in May 2023, which was around 29% below the average May 2023 detached price in the Thanet local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

4 GOLDEN ACRE LANE Sold Prices

Land registry data shows three sales for 4 GOLDEN ACRE LANE 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 GOLDEN ACRE LANE 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
2023 2 MAY	£360,000	£509,031	29% below HPI
2021 25 MAR	£265,000	£441,357	40% below HPI
2002 26 MAR	£120,000	£148,313	19% below HPI

4 GOLDEN ACRE LANE 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 GOLDEN ACRE LANE sales between March 2002 and May 2023 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 2021 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2023 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 4 GOLDEN ACRE LANE be worth now?

4 GOLDEN ACRE LANE might now be worth an estimated £345,827.

This is based on house price deflation of 3.9%, between May 2023 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 3.9% deflationary decrease is applied to the most recent sale price for 4 GOLDEN ACRE LANE of £360,000 on 2nd May 2023. For the value to have decreased from £360,000 to £345,827 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of 4 GOLDEN ACRE LANE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The May 2023 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GOLDEN ACRE LANE has not materially changed since May 2023.

How Large is 4 GOLDEN ACRE LANE?

4 GOLDEN ACRE LANE is 72m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% 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 GOLDEN ACRE LANE lies on this distribution: 11% of detached houses houses are smaller than 4 GOLDEN ACRE LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Margate.

4 GOLDEN ACRE LANE: Plot and Title Map

4 GOLDEN ACRE LANE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 4 GOLDEN ACRE LANE, 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 GOLDEN ACRE LANE). 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 GOLDEN ACRE LANE?

4 GOLDEN ACRE LANE is located in WESTGATE-ON-SEA, in the CT8 postcode district. The below map shows the position of No. 4 on GOLDEN ACRE LANE.