5, CRANBROOK CLOSE, CLIFTONVILLE, MARGATE, CT9 3YD - £274,995

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

5 CRANBROOK CLOSE is a very small detached house of 60m², built sometime between 1983 and 1990. It was last sold for £274,995 in July 2018, which was around 30% below the average July 2018 detached price in the Thanet local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

5 CRANBROOK CLOSE Sold Prices

Land registry data shows three sales for 5 CRANBROOK CLOSE 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 5 CRANBROOK CLOSE 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
2018 11 JUL	£274,995	£393,708	30% below HPI
2014 10 JAN	£199,000	£252,382	21% below HPI
2005 25 JAN	£188,000	£232,174	19% below HPI

5 CRANBROOK CLOSE 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 5 CRANBROOK CLOSE sales between January 2005 and July 2018 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 January 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 5 CRANBROOK CLOSE?

5 CRANBROOK CLOSE is 60m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 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 5 CRANBROOK CLOSE lies on this distribution: 3% of detached houses are smaller than 5 CRANBROOK CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Margate.

5 CRANBROOK CLOSE: Plot and Title Map

5 CRANBROOK CLOSE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 5 CRANBROOK CLOSE, 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 5 CRANBROOK CLOSE). 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 5 CRANBROOK CLOSE?

5 CRANBROOK CLOSE is located in CLIFTONVILLE, in the CT9 postcode district. The below map shows the position of No. 5 on CRANBROOK CLOSE.