7, FREDA CLOSE, BROADSTAIRS, CT10 2ED - £395,000

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

7 FREDA CLOSE is a very small detached house of 71m², built sometime between 1950 and 1966. It was last sold for £395,000 in June 2021, which was around 10% below the average June 2021 detached price in the Thanet local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

7 FREDA CLOSE Sold Prices

Land registry data shows three sales for 7 FREDA CLOSE 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 7 FREDA CLOSE 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
2021 10 JUN	£395,000	£437,914	10% below HPI
2019 21 NOV	£385,000	£397,867	3% below HPI
2014 28 NOV	£217,500	£286,726	24% below HPI

7 FREDA CLOSE 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 7 FREDA CLOSE sales between November 2014 and June 2021 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 November 2019 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 7 FREDA CLOSE?

7 FREDA CLOSE is 71m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses in Broadstairs, based on EPC data. The below chart shows the distribution of detached houses by size in Broadstairs, and where 7 FREDA CLOSE lies on this distribution: 9% of detached houses are smaller than 7 FREDA CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Broadstairs.

7 FREDA CLOSE: Plot and Title Map

7 FREDA CLOSE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 7 FREDA CLOSE, 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 7 FREDA CLOSE). 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 7 FREDA CLOSE?

7 FREDA CLOSE is located in BROADSTAIRS, in the CT10 postcode district. The below map shows the position of No. 7 on FREDA CLOSE.