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

4 GOLDEN ACRE LANE is a very small extended detached house of 72m², built sometime between 1967 and 1975. It was last sold for £360,000 in May 2023, which was around 28% 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	£497,782	28% below HPI
2021 25 MAR	£265,000	£431,603	39% below HPI
2002 26 MAR	£120,000	£145,035	17% 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 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2023 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

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 in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 4 GOLDEN ACRE LANE lies on this distribution: 11% of detached 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.