6, JACOB CLOSE, MARGATE, CT9 4NB - £305,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 JACOB CLOSE is a large extended semi-detached house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £371,971. It was last sold for £305,000 in July 2019, which was around 12% above the average July 2019 semi-detached price in the Thanet local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was D.

6 JACOB CLOSE Sold Prices

Land registry data shows four sales for 6 JACOB CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Thanet local authority area for the corresponding sale date. Most of the four 6 JACOB CLOSE sales were for above 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
2019 29 JUL	£305,000	£272,718	12% above HPI
2013 29 NOV	£229,995	£170,326	35% above HPI
2002 2 APR	£116,000	£96,094	21% above HPI
1996 6 JUN	£45,000	£46,581	3% below HPI

6 JACOB CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Thanet local authority area over time, sourced from the HPI. The four 6 JACOB CLOSE sales between June 1996 and July 2019 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 2013 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the July 2019 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 6 JACOB CLOSE be worth now?

6 JACOB CLOSE might now be worth an estimated £371,971.

This is based on house price inflation of 22%, between July 2019 and February 2025, for semi-detached houses, in the Thanet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22% inflationary increase is applied to the most recent sale price for 6 JACOB CLOSE of £305,000 on 29th July 2019. For the value to have increased from £305,000 to £371,971 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 6 JACOB CLOSE has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The July 2019 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 6 JACOB CLOSE has not materially changed since July 2019.

How Large is 6 JACOB CLOSE?

6 JACOB CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 40% of semi-detached houses houses in Margate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Margate, and where 6 JACOB CLOSE lies on this distribution: 63% of semi-detached houses houses are smaller than 6 JACOB CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Margate.

6 JACOB CLOSE: Plot and Title Map

6 JACOB CLOSE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 6 JACOB 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 JACOB 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 JACOB CLOSE?

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