7, PHILLIPS ROAD, BIRCHINGTON, CT7 0BX - £290,000

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 PHILLIPS ROAD is a small detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £345,717. It was last sold for £290,000 in June 2020, which was around 29% below the average June 2020 detached price in the Thanet local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

7 PHILLIPS ROAD Sold Prices

Land registry data shows three sales for 7 PHILLIPS ROAD 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 PHILLIPS 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
2020 3 JUN	£290,000	£410,183	29% below HPI
2007 7 DEC	£200,000	£279,217	28% below HPI
2001 23 NOV	£110,000	£140,221	22% below HPI

7 PHILLIPS 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 three 7 PHILLIPS ROAD sales between November 2001 and June 2020 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 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 7 PHILLIPS ROAD be worth now?

7 PHILLIPS ROAD might now be worth an estimated £345,717.

This is based on house price inflation of 19.2%, between June 2020 and February 2025, for 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 19.2% inflationary increase is applied to the most recent sale price for 7 PHILLIPS ROAD of £290,000 on 3rd June 2020. For the value to have increased from £290,000 to £345,717 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 7 PHILLIPS ROAD has moved in line with the HPI for detached houses in the Thanet local authority area.
• The June 2020 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PHILLIPS ROAD has not materially changed since June 2020.

How Large is 7 PHILLIPS ROAD?

7 PHILLIPS ROAD is 85m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 30% of detached houses houses in Margate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Margate, and where 7 PHILLIPS ROAD lies on this distribution: 25% of detached houses houses are smaller than 7 PHILLIPS ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Margate.

7 PHILLIPS ROAD: Plot and Title Map

7 PHILLIPS ROAD sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 7 PHILLIPS 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 7 PHILLIPS 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 7 PHILLIPS ROAD?

7 PHILLIPS ROAD is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 7 on PHILLIPS ROAD.