48, CUTHBERT ROAD, WESTGATE-ON-SEA, CT8 8NR - £350,000

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

48 CUTHBERT ROAD is a very large extended detached house of 230m², built sometime between 1900 and 1929. It was last sold for £350,000 in July 2013, which was around 45% above the average July 2013 detached price in the Thanet local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was C.

48 CUTHBERT ROAD Sold Prices

Land registry data shows two sales for 48 CUTHBERT 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 48 CUTHBERT 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
2013 18 JUL	£350,000	£241,304	45% above HPI
1996 1 MAR	£110,000	£68,378	61% above HPI

48 CUTHBERT 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 48 CUTHBERT ROAD sales from March 1996 and July 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 March 1996 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the July 2013 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 48 CUTHBERT ROAD?

48 CUTHBERT ROAD is 230m², which includes four extensions, according to the EPC inspection conducted in April 2023. 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 48 CUTHBERT ROAD lies on this distribution: 95% of detached houses are smaller than 48 CUTHBERT ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Margate.

48 CUTHBERT ROAD: Plot and Title Map

48 CUTHBERT ROAD sits on a plot of roughly 0.166 of an acre, or 670m². The below map shows the location of 48 CUTHBERT 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 48 CUTHBERT 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 48 CUTHBERT ROAD?

48 CUTHBERT ROAD is located in WESTGATE-ON-SEA, in the CT8 postcode district. The below map shows the position of No. 48 on CUTHBERT ROAD.