7, JACOB CLOSE, MARGATE, CT9 4NB - £234,175

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 JACOB CLOSE is a small extended semi-detached house of 90m², built sometime between 1930 and 1949, which could now be worth an estimated £363,646. It was last sold for £234,175 in January 2016, which was around 9% above the average January 2016 semi-detached price in the Thanet local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

7 JACOB CLOSE Sold Prices

Land registry data shows two sales for 7 JACOB CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Thanet local authority area for the corresponding sale date. One of the two 7 JACOB CLOSE sales was for above the average price, whilst the other was 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 JAN	£234,175	£214,183	9% above HPI
2013 20 JUN	£125,000	£164,494	24% below HPI

7 JACOB CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Thanet local authority area over time, sourced from the HPI. The two 7 JACOB CLOSE sales from June 2013 and January 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 June 2013 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2016 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 7 JACOB CLOSE be worth now?

7 JACOB CLOSE might now be worth an estimated £363,646.

This is based on house price inflation of 55.3%, between January 2016 and February 2025, for semi-detached houses, in the Thanet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55.3% inflationary increase is applied to the most recent sale price for 7 JACOB CLOSE of £234,175 on 29th January 2016. For the value to have increased from £234,175 to £363,646 over the eight years and eleven months to February 2025, the following assumptions must hold true:

• The value of 7 JACOB CLOSE has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The January 2016 sale price of £234,175 represented a fair market value for the property.
• The size, condition, and specification of 7 JACOB CLOSE has not materially changed since January 2016.

How Large is 7 JACOB CLOSE?

7 JACOB CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 40% of semi-detached houses houses in Margate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Margate, and where 7 JACOB CLOSE lies on this distribution: 32% of semi-detached houses houses are smaller than 7 JACOB CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Margate.

7 JACOB CLOSE: Plot and Title Map

7 JACOB CLOSE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 7 JACOB 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 JACOB 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 JACOB CLOSE?

7 JACOB CLOSE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 7 on JACOB CLOSE.