7, ROSEWOOD WAY, BIRCHINGTON, CT7 9QZ - £345,000

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 ROSEWOOD WAY is a large detached house of 128m², built sometime between 2003 and 2006. It was last sold for £345,000 in October 2014, which was around 22% above the average October 2014 detached price in the Thanet local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

7 ROSEWOOD WAY Sold Prices

Land registry data shows two sales for 7 ROSEWOOD WAY 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 7 ROSEWOOD WAY sales were for above 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
2014 17 OCT	£345,000	£282,604	22% above HPI
2003 8 AUG	£235,000	£201,571	17% above HPI

7 ROSEWOOD WAY 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 7 ROSEWOOD WAY sales from August 2003 and October 2014 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 August 2003 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2014 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 7 ROSEWOOD WAY?

7 ROSEWOOD WAY is 128m² according to the EPC inspection conducted in May 2014. This puts it in the largest 40% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 7 ROSEWOOD WAY lies on this distribution: 69% of detached houses are smaller than 7 ROSEWOOD WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Margate.

7 ROSEWOOD WAY: Plot and Title Map

7 ROSEWOOD WAY sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 7 ROSEWOOD WAY, 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 ROSEWOOD WAY). 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 ROSEWOOD WAY?

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