Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
8 ROSSETTI ROAD is a very large extended detached house of 163m², built sometime between 1950 and 1966. It was last sold for £430,000 in December 2016, which was around 22% above the average December 2016 detached price in the Thanet local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 8 ROSSETTI ROAD since 1st 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. One of the two 8 ROSSETTI ROAD 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 8 DEC | £430,000 | £352,910 | 22% above HPI |
2010 22 JUL | £179,995 | £242,566 | 26% below HPI |
The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The two 8 ROSSETTI ROAD sales from July 2010 and December 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 July 2010 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2016 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.
8 ROSSETTI ROAD is 163m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 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 ROSSETTI ROAD lies on this distribution: 85% of detached houses are smaller than 8 ROSSETTI ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Margate.
8 ROSSETTI ROAD sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 8 ROSSETTI 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 ROSSETTI 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.
8 ROSSETTI ROAD is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 8 on ROSSETTI ROAD.