41, READING STREET, BROADSTAIRS, CT10 3AZ - £475,000

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.

41 READING STREET is a large extended detached house of 141m², built sometime before 1900, which could now be worth an estimated £592,280. It was last sold for £475,000 in December 2017, which was around 21% above the average December 2017 detached price in the Thanet local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was D.

41 READING STREET Sold Prices

Land registry data shows two sales for 41 READING STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. Both of the two 41 READING 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
2017 7 DEC	£475,000	£392,164	21% above HPI
1997 30 JAN	£125,000	£74,248	68% above HPI

41 READING STREET 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 two 41 READING STREET sales from January 1997 and December 2017 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 1997 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the December 2017 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 41 READING STREET be worth now?

41 READING STREET might now be worth an estimated £592,280.

This is based on house price inflation of 24.7%, between December 2017 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 24.7% inflationary increase is applied to the most recent sale price for 41 READING STREET of £475,000 on 7th December 2017. For the value to have increased from £475,000 to £592,280 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 41 READING STREET has moved in line with the HPI for detached houses in the Thanet local authority area.
• The December 2017 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 41 READING STREET has not materially changed since December 2017.

How Large is 41 READING STREET?

41 READING STREET is 141m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the largest 40% of detached houses houses in Broadstairs, based on EPC data. The below chart shows the distribution of detached houses houses by size in Broadstairs, and where 41 READING STREET lies on this distribution: 68% of detached houses houses are smaller than 41 READING STREET, and 32% of houses are larger. Note that EPC data is not available for all properties in Broadstairs.

41 READING STREET: Plot and Title Map

41 READING STREET sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of 41 READING 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 41 READING 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.

Where is 41 READING STREET?

41 READING STREET is located in BROADSTAIRS, in the CT10 postcode district. The below map shows the position of No. 41 on READING STREET.