6, THE BANKS, BROADSTAIRS, CT10 3AD - £570,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

6 THE BANKS is a large extended detached house of 145m², built sometime between 1976 and 1982. It was last sold for £570,000 in December 2023, which was around 17% above the average December 2023 detached price in the Thanet local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

6 THE BANKS Sold Prices

Land registry data shows two sales for 6 THE BANKS 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 6 THE BANKS 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
2023 19 DEC	£570,000	£486,323	17% above HPI
2000 2 FEB	£180,000	£106,659	69% above HPI

6 THE BANKS 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 THE BANKS sales from February 2000 and December 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 February 2000 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the December 2023 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 6 THE BANKS?

6 THE BANKS is 145m², which includes two extensions, according to the EPC inspection conducted in August 2016. This puts it in the largest 30% of detached houses in Broadstairs, based on EPC data. The below chart shows the distribution of detached houses by size in Broadstairs, and where 6 THE BANKS lies on this distribution: 71% of detached houses are smaller than 6 THE BANKS, and 29% of houses are larger. Note that EPC data is not available for all properties in Broadstairs.

6 THE BANKS: Plot and Title Map

6 THE BANKS sits on a plot of roughly 0.195 of an acre, or 788m². The below map shows the location of 6 THE BANKS, 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 THE BANKS). 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 THE BANKS?

6 THE BANKS is located in BROADSTAIRS, in the CT10 postcode district. The below map shows the position of No. 6 on THE BANKS.