6, OAKWOOD, MARGATE, CT9 3QF - £292,500

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 OAKWOOD is a midsized detached house of 100m², built sometime between 1996 and 2002, which could now be worth an estimated £385,200. It was last sold for £292,500 in July 2017, which was around 21% below the average July 2017 detached price in the Thanet local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

6 OAKWOOD Sold Prices

Land registry data shows two sales for 6 OAKWOOD 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 OAKWOOD sales was for below the average price, whilst the other was 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
2017 14 JUL	£292,500	£371,313	21% below HPI
2001 16 FEB	£139,950	£121,968	15% above HPI

6 OAKWOOD 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 OAKWOOD sales from February 2001 and July 2017 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 February 2001 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the July 2017 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 6 OAKWOOD be worth now?

6 OAKWOOD might now be worth an estimated £385,200.

This is based on house price inflation of 31.7%, between July 2017 and February 2025, for 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 31.7% inflationary increase is applied to the most recent sale price for 6 OAKWOOD of £292,500 on 14th July 2017. For the value to have increased from £292,500 to £385,200 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 6 OAKWOOD has moved in line with the HPI for detached houses in the Thanet local authority area.
• The July 2017 sale price of £292,500 represented a fair market value for the property.
• The size, condition, and specification of 6 OAKWOOD has not materially changed since July 2017.

How Large is 6 OAKWOOD?

6 OAKWOOD is 100m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 50% of detached houses houses in Margate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Margate, and where 6 OAKWOOD lies on this distribution: 46% of detached houses houses are smaller than 6 OAKWOOD, and 53% of houses are larger. Note that EPC data is not available for all properties in Margate.

6 OAKWOOD: Plot and Title Map

6 OAKWOOD sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 6 OAKWOOD, 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 OAKWOOD). 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 OAKWOOD?

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