461, NORTHDOWN ROAD, MARGATE, CT9 3LB - £358,000

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

461 NORTHDOWN ROAD is a very small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £358,000 in September 2021, which was around 22% below the average September 2021 detached price in the Thanet local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was C.

461 NORTHDOWN ROAD Sold Prices

Land registry data shows three sales for 461 NORTHDOWN 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. All of the three 461 NORTHDOWN 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
2021 30 SEP	£358,000	£457,735	22% below HPI
2001 7 AUG	£123,000	£134,982	9% below HPI
1997 23 JUL	£60,000	£75,560	21% below HPI

461 NORTHDOWN 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 461 NORTHDOWN ROAD sales between July 1997 and September 2021 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 August 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 461 NORTHDOWN ROAD?

461 NORTHDOWN ROAD is 75m² according to the EPC inspection conducted in March 2021. 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 461 NORTHDOWN ROAD lies on this distribution: 14% of detached houses are smaller than 461 NORTHDOWN ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Margate.

461 NORTHDOWN ROAD: Plot and Title Map

461 NORTHDOWN ROAD sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 461 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 461 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 461 NORTHDOWN ROAD?

461 NORTHDOWN ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 461 on NORTHDOWN ROAD.