8, MINNIS ROAD, BIRCHINGTON, CT7 9SE - £562,000

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 MINNIS ROAD is a large extended detached house of 128m², built sometime before 1900. It was last sold for £562,000 in November 2021, which was around 22% above the average November 2021 detached price in the Thanet local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was C.

8 MINNIS ROAD Sold Prices

Land registry data shows three sales for 8 MINNIS 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. Two of the three 8 MINNIS ROAD sales were for above the average price, whilst one 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
2021 10 NOV	£562,000	£460,732	22% above HPI
2006 16 OCT	£315,000	£247,201	27% above HPI
2004 9 JAN	£172,386	£211,736	19% below HPI

8 MINNIS 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 8 MINNIS ROAD sales between January 2004 and November 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 October 2006 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the November 2021 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 8 MINNIS ROAD?

8 MINNIS ROAD is 128m², which includes one extension, according to the EPC inspection conducted in May 2021. 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 8 MINNIS ROAD lies on this distribution: 69% of detached houses are smaller than 8 MINNIS ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Margate.

8 MINNIS ROAD: Plot and Title Map

8 MINNIS ROAD sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 8 MINNIS 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 8 MINNIS 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 8 MINNIS ROAD?

8 MINNIS ROAD is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 8 on MINNIS ROAD.