47, RANCORN ROAD, MARGATE, CT9 5DQ - £218,000

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

47 RANCORN ROAD is a large detached house of 142m², built sometime between 1900 and 1929. It was last sold for £218,000 in May 2013, which was around 8% below the average May 2013 detached price in the Thanet local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

47 RANCORN ROAD Sold Prices

Land registry data shows two sales for 47 RANCORN 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 47 RANCORN 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 24 MAY	£218,000	£237,820	8% below HPI
2008 14 AUG	£231,000	£262,592	12% below HPI

47 RANCORN 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 47 RANCORN ROAD sales from August 2008 and May 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 August 2008 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2013 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 47 RANCORN ROAD?

47 RANCORN ROAD is 142m² according to the EPC inspection conducted in March 2022. This puts it in the largest 30% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 47 RANCORN ROAD lies on this distribution: 77% of detached houses are smaller than 47 RANCORN ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Margate.

47 RANCORN ROAD: Plot and Title Map

47 RANCORN ROAD sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 47 RANCORN 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 47 RANCORN 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 47 RANCORN ROAD?

47 RANCORN ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 47 on RANCORN ROAD.