48, GRENVILLE WAY, BROADSTAIRS, CT10 2JR - £325,000

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

48 GRENVILLE WAY is a very small detached house of 66m², built sometime between 1930 and 1949. It was last sold for £325,000 in June 2021, which was around 26% below the average June 2021 detached price in the Thanet local authority area. The most recent EPC inspection was February 2023, where the current energy rating was F, and the potential energy rating was B.

48 GRENVILLE WAY Sold Prices

Land registry data shows five sales for 48 GRENVILLE WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. All of the five 48 GRENVILLE WAY 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 29 JUN	£325,000	£437,914	26% below HPI
2012 11 OCT	£220,000	£241,739	9% below HPI
2007 14 AUG	£190,000	£265,178	28% below HPI
2002 11 OCT	£137,500	£176,003	22% below HPI
1996 20 NOV	£53,000	£72,045	26% below HPI

48 GRENVILLE WAY 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 five 48 GRENVILLE WAY sales between November 1996 and June 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 October 2012 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 48 GRENVILLE WAY?

48 GRENVILLE WAY is 66m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of detached houses in Broadstairs, based on EPC data. The below chart shows the distribution of detached houses by size in Broadstairs, and where 48 GRENVILLE WAY lies on this distribution: 5% of detached houses are smaller than 48 GRENVILLE WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Broadstairs.

48 GRENVILLE WAY: Plot and Title Map

48 GRENVILLE WAY sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 48 GRENVILLE WAY, 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 GRENVILLE WAY). 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 GRENVILLE WAY?

48 GRENVILLE WAY is located in BROADSTAIRS, in the CT10 postcode district. The below map shows the position of No. 48 on GRENVILLE WAY.