424, NORTHDOWN ROAD, MARGATE, CT9 3LA - £350,000

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.

424 NORTHDOWN ROAD is a large semi-detached house of 132m², built sometime between 1930 and 1949, which could now be worth an estimated £518,040. It was last sold for £350,000 in May 2016, which was around 56% above the average May 2016 semi-detached price in the Thanet local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

424 NORTHDOWN ROAD Sold Prices

Land registry data shows two sales for 424 NORTHDOWN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Thanet local authority area for the corresponding sale date. Both of the two 424 NORTHDOWN ROAD 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
2016 20 MAY	£350,000	£224,713	56% above HPI
2014 17 JUN	£209,995	£185,852	13% above HPI

424 NORTHDOWN ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Thanet local authority area over time, sourced from the HPI. The two 424 NORTHDOWN ROAD sales from June 2014 and May 2016 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 June 2014 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the May 2016 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 424 NORTHDOWN ROAD be worth now?

424 NORTHDOWN ROAD might now be worth an estimated £518,040.

This is based on house price inflation of 48%, between May 2016 and February 2025, for semi-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 48% inflationary increase is applied to the most recent sale price for 424 NORTHDOWN ROAD of £350,000 on 20th May 2016. For the value to have increased from £350,000 to £518,040 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 424 NORTHDOWN ROAD has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The May 2016 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 424 NORTHDOWN ROAD has not materially changed since May 2016.

How Large is 424 NORTHDOWN ROAD?

424 NORTHDOWN ROAD is 132m² according to the EPC inspection conducted in May 2015. This puts it in the largest 30% of semi-detached houses houses in Margate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Margate, and where 424 NORTHDOWN ROAD lies on this distribution: 72% of semi-detached houses houses are smaller than 424 NORTHDOWN ROAD, and 27% of houses are larger. Note that EPC data is not available for all properties in Margate.

424 NORTHDOWN ROAD: Plot and Title Map

424 NORTHDOWN ROAD sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 424 NORTHDOWN 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 424 NORTHDOWN 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 424 NORTHDOWN ROAD?

424 NORTHDOWN ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 424 on NORTHDOWN ROAD.