5, VERE ROAD, BROADSTAIRS, CT10 1JF - £235,000

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

5 VERE ROAD is a very small extended detached house of 76m², built sometime between 1950 and 1966. It was last sold for £235,000 in August 2013, which was around 3% below the average August 2013 detached price in the Thanet local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was B.

5 VERE ROAD Sold Prices

Land registry data shows two sales for 5 VERE 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 5 VERE 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 16 AUG	£235,000	£242,341	3% below HPI
2013 1 MAR	£172,000	£230,600	25% below HPI

5 VERE 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 5 VERE ROAD sales from March 2013 and August 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 2013 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2013 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 5 VERE ROAD?

5 VERE ROAD is 76m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 20% of detached houses in Broadstairs, based on EPC data. The below chart shows the distribution of detached houses by size in Broadstairs, and where 5 VERE ROAD lies on this distribution: 13% of detached houses are smaller than 5 VERE ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Broadstairs.

5 VERE ROAD: Plot and Title Map

5 VERE ROAD sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 5 VERE 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 5 VERE 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 5 VERE ROAD?

5 VERE ROAD is located in BROADSTAIRS, in the CT10 postcode district. The below map shows the position of No. 5 on VERE ROAD.