57, CROSS ROAD, BIRCHINGTON, CT7 9HW - £380,000

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

57 CROSS ROAD is a small detached house of 92m², built sometime between 1950 and 1966. It was last sold for £380,000 in August 2023, which was around 24% below the average August 2023 detached price in the Thanet local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

57 CROSS ROAD Sold Prices

Land registry data shows two sales for 57 CROSS 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 57 CROSS 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
2023 10 AUG	£380,000	£501,071	24% below HPI
2003 18 SEP	£150,000	£201,845	26% below HPI

57 CROSS 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 57 CROSS ROAD sales from September 2003 and August 2023 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 September 2003 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 57 CROSS ROAD?

57 CROSS ROAD is 92m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 40% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 57 CROSS ROAD lies on this distribution: 35% of detached houses are smaller than 57 CROSS ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Margate.

57 CROSS ROAD: Plot and Title Map

57 CROSS ROAD sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 57 CROSS 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 57 CROSS 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 57 CROSS ROAD?

57 CROSS ROAD is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 57 on CROSS ROAD.