8, CARLTON RISE, WESTGATE-ON-SEA, CT8 8QD - £460,000

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

8 CARLTON RISE is a very small extended detached house of 74m², built sometime between 1967 and 1975. It was last sold for £460,000 in March 2023, which was around 10% below the average March 2023 detached price in the Thanet local authority area. The most recent EPC inspection was April 2022, where the current energy rating was E, and the potential energy rating was B.

8 CARLTON RISE Sold Prices

Land registry data shows two sales for 8 CARLTON RISE 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 8 CARLTON RISE 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
2023 31 MAR	£460,000	£509,896	10% below HPI
2000 11 JAN	£98,500	£103,125	4% below HPI

8 CARLTON RISE 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 8 CARLTON RISE sales from January 2000 and March 2023 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 January 2000 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2023 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 8 CARLTON RISE?

8 CARLTON RISE is 74m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 8 CARLTON RISE lies on this distribution: 13% of detached houses are smaller than 8 CARLTON RISE, and 86% of houses are larger. Note that EPC data is not available for all properties in Margate.

8 CARLTON RISE: Plot and Title Map

8 CARLTON RISE sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 8 CARLTON RISE, 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 8 CARLTON RISE). 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 8 CARLTON RISE?

8 CARLTON RISE is located in WESTGATE-ON-SEA, in the CT8 postcode district. The below map shows the position of No. 8 on CARLTON RISE.