6, ELIOTS CLOSE, MARGATE, CT9 4GJ - £450,000

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

6 ELIOTS CLOSE is a large detached house of 127m², built in 2019. It was last sold for £450,000 in August 2021, which was about the average August 2021 detached price in the Thanet local authority area. The most recent EPC inspection was May 2021, where the current energy rating was B, and the potential energy rating was A.

6 ELIOTS CLOSE Sold Prices

Land registry data shows two sales for 6 ELIOTS CLOSE 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. One of the two 6 ELIOTS CLOSE sales was roughly equal to the average price, whilst the other was 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 31 AUG	£450,000	£449,811	Close to HPI
2018 11 NOV	£14,700	£399,951	96% below HPI

6 ELIOTS 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 two 6 ELIOTS CLOSE sales from November 2018 and August 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 November 2018 sale was for 96% below the HPI. So the extrapolation line tracks at 96% below the HPI over time, until the August 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 6 ELIOTS CLOSE?

6 ELIOTS CLOSE is 127m² according to the EPC inspection conducted in May 2021. This puts it in the largest 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 6 ELIOTS CLOSE lies on this distribution: 68% of detached houses are smaller than 6 ELIOTS CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Margate.

6 ELIOTS CLOSE: Plot and Title Map

6 ELIOTS CLOSE sits on a plot of roughly 0.312 of an acre, or 1,261m². The below map shows the location of 6 ELIOTS 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 6 ELIOTS 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 6 ELIOTS CLOSE?

6 ELIOTS CLOSE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 6 on ELIOTS CLOSE.