6A, APPROACH ROAD, MARGATE, CT9 2AN - £295,000

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

6A APPROACH ROAD is a large detached house of 130m². It was last sold for £295,000 in December 2015, which was around 5% below the average December 2015 detached price in the Thanet local authority area. The most recent EPC inspection was November 2015, where the current energy rating was B, and the potential energy rating was A.

6A APPROACH ROAD Sold Prices

Land registry data shows two sales for 6A APPROACH ROAD 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 6A APPROACH ROAD 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
2015 11 DEC	£295,000	£309,753	5% below HPI
2014 16 APR	£238,000	£261,281	9% below HPI

6A APPROACH ROAD 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 6A APPROACH ROAD sales from April 2014 and December 2015 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 April 2014 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2015 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 6A APPROACH ROAD?

6A APPROACH ROAD is 130m² according to the EPC inspection conducted in November 2015. This puts it in the largest 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 6A APPROACH ROAD lies on this distribution: 70% of detached houses are smaller than 6A APPROACH ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Margate.

6A APPROACH ROAD: Plot and Title Map

6A APPROACH ROAD sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 6A APPROACH ROAD, 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 6A APPROACH ROAD). 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 6A APPROACH ROAD?

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