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
40 FAIR STREET is a very large extended detached house of 178m², built sometime between 1996 and 2002. It was last sold for £665,000 in November 2022, which was around 28% above the average November 2022 detached price in the Thanet local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 40 FAIR STREET since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. All of the six 40 FAIR STREET 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 |
---|---|---|---|
2022 7 NOV | £665,000 | £518,373 | 28% above HPI |
2014 11 APR | £345,000 | £261,281 | 32% above HPI |
2009 22 MAY | £242,000 | £218,870 | 11% above HPI |
2008 12 SEP | £320,000 | £259,018 | 24% above HPI |
2007 11 JUL | £300,000 | £263,841 | 14% above HPI |
1998 22 MAY | £113,000 | £83,890 | 35% above HPI |
The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The six 40 FAIR STREET sales between May 1998 and November 2022 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 April 2014 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the November 2022 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.
40 FAIR STREET is 178m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 20% of detached houses in Broadstairs, based on EPC data. The below chart shows the distribution of detached houses by size in Broadstairs, and where 40 FAIR STREET lies on this distribution: 84% of detached houses are smaller than 40 FAIR STREET, and 16% of houses are larger. Note that EPC data is not available for all properties in Broadstairs.
40 FAIR STREET sits on a plot of roughly 0.089 of an acre, or 358m². The below map shows the location of 40 FAIR STREET, 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 40 FAIR STREET). 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.
40 FAIR STREET is located in BROADSTAIRS, in the CT10 postcode district. The below map shows the position of No. 40 on FAIR STREET.