65, PARK LANE, BIRCHINGTON, CT7 0AT - £249,950

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

65 PARK LANE is a small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £249,950 in March 2016, which was around 21% below the average March 2016 detached price in the Thanet local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

65 PARK LANE Sold Prices

Land registry data shows three sales for 65 PARK LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. All of the three 65 PARK LANE 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
2016 29 MAR	£249,950	£317,912	21% below HPI
2014 10 JAN	£195,000	£252,382	23% below HPI
2012 27 JAN	£160,000	£236,759	32% below HPI

65 PARK LANE 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 three 65 PARK LANE sales between January 2012 and March 2016 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 January 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2016 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 65 PARK LANE?

65 PARK LANE is 84m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 30% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 65 PARK LANE lies on this distribution: 24% of detached houses are smaller than 65 PARK LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Margate.

65 PARK LANE: Plot and Title Map

65 PARK LANE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 65 PARK LANE, 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 65 PARK LANE). 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 65 PARK LANE?

65 PARK LANE is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 65 on PARK LANE.