43, MINSTER ROAD, WESTGATE-ON-SEA, CT8 8DA - £183,500

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

43 MINSTER ROAD is a very small extended detached house of 78m², built sometime between 1900 and 1929. It was last sold for £183,500 in October 2013, which was around 26% below the average October 2013 detached price in the Thanet local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was D.

43 MINSTER ROAD Sold Prices

Land registry data shows two sales for 43 MINSTER ROAD 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 43 MINSTER ROAD sales 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
2013 11 OCT	£183,500	£246,536	26% below HPI
1997 22 OCT	£63,000	£80,587	22% below HPI

43 MINSTER 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 two 43 MINSTER ROAD sales from October 1997 and October 2013 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 October 1997 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2013 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 43 MINSTER ROAD?

43 MINSTER ROAD is 78m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% 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 MINSTER ROAD lies on this distribution: 19% of detached houses are smaller than 43 MINSTER ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Margate.

43 MINSTER ROAD: Plot and Title Map

43 MINSTER ROAD sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 43 MINSTER 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 MINSTER 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 43 MINSTER ROAD?

43 MINSTER ROAD is located in WESTGATE-ON-SEA, in the CT8 postcode district. The below map shows the position of No. 43 on MINSTER ROAD.