Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
43 ALPHA ROAD is a very large detached house of 321m², built sometime between 1900 and 1929. It was last sold for £625,000 in June 2019, which was around 62% above the average June 2019 detached price in the Thanet local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows four sales for 43 ALPHA ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. All of the four 43 ALPHA 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 |
---|---|---|---|
2019 14 JUN | £625,000 | £385,863 | 62% above HPI |
2017 29 SEP | £765,000 | £372,172 | 106% above HPI |
2005 25 NOV | £490,000 | £235,709 | 108% above HPI |
2001 15 NOV | £260,000 | £137,122 | 90% above HPI |
The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The four 43 ALPHA ROAD sales between November 2001 and June 2019 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 September 2017 sale was for 106% above the HPI. So the extrapolation line tracks at 106% above the HPI over time, until the June 2019 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.
43 ALPHA ROAD is 321m² according to the EPC inspection conducted in April 2015. This puts it in the largest 10% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 43 ALPHA ROAD lies on this distribution: 99% of detached houses are smaller than 43 ALPHA ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Margate.
43 ALPHA ROAD sits on a plot of roughly 0.310 of an acre, or 1,256m². The below map shows the location of 43 ALPHA 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 43 ALPHA 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.
43 ALPHA ROAD is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 43 on ALPHA ROAD.