6, THE PARKWAY, BIRCHINGTON, CT7 9XG - £192,500

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 PARKWAY is a small detached house of 91m², built sometime between 1996 and 2002. It was last sold for £192,500 in May 2009, which was around 12% below the average May 2009 detached price in the Thanet local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

6 THE PARKWAY Sold Prices

Land registry data shows four sales for 6 THE PARKWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. Most of the four 6 THE PARKWAY 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
2009 22 MAY	£192,500	£218,870	12% below HPI
2005 19 DEC	£232,500	£236,592	2% below HPI
2005 17 JAN	£200,000	£232,174	14% below HPI
2000 4 AUG	£127,000	£115,129	10% above HPI

6 THE PARKWAY 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 four 6 THE PARKWAY sales between August 2000 and May 2009 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 December 2005 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2009 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 6 THE PARKWAY?

6 THE PARKWAY is 91m² according to the EPC inspection conducted in October 2008. 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 6 THE PARKWAY lies on this distribution: 33% of detached houses are smaller than 6 THE PARKWAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Margate.

6 THE PARKWAY: Plot and Title Map

6 THE PARKWAY sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 6 THE PARKWAY, 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 PARKWAY). 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 PARKWAY?

6 THE PARKWAY is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 6 on THE PARKWAY.