41, CROSS ROAD, BIRCHINGTON, CT7 9HW - £350,000

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

41 CROSS ROAD is a midsized detached house of 100m², built sometime between 1930 and 1949. It was last sold for £350,000 in February 2015, which was around 23% above the average February 2015 detached price in the Thanet local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

41 CROSS ROAD Sold Prices

Land registry data shows three sales for 41 CROSS 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. One of the three 41 CROSS ROAD sales was for above the average price, whilst two 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
2015 6 FEB	£350,000	£284,065	23% above HPI
2011 11 MAY	£210,000	£230,195	9% below HPI
1999 25 MAY	£70,000	£87,717	20% below HPI

41 CROSS 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 41 CROSS ROAD sales between May 1999 and February 2015 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 May 2011 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2015 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 41 CROSS ROAD?

41 CROSS ROAD is 100m² according to the EPC inspection conducted in March 2011. 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 41 CROSS ROAD lies on this distribution: 46% of detached houses are smaller than 41 CROSS ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Margate.

41 CROSS ROAD: Plot and Title Map

41 CROSS ROAD sits on a plot of roughly 0.202 of an acre, or 816m². The below map shows the location of 41 CROSS 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 41 CROSS 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 41 CROSS ROAD?

41 CROSS ROAD is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 41 on CROSS ROAD.