8, THE RETREAT, BIRCHINGTON, CT7 9HS - £357,000

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 THE RETREAT is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £357,000 in October 2020, which was around 14% below the average October 2020 detached price in the Thanet local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

8 THE RETREAT Sold Prices

Land registry data shows two sales for 8 THE RETREAT 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 THE RETREAT 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 22 OCT	£357,000	£415,532	14% below HPI
2004 14 MAY	£45,440	£217,579	79% below HPI

8 THE RETREAT 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 THE RETREAT sales from May 2004 and October 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 May 2004 sale was for 79% below the HPI. So the extrapolation line tracks at 79% below the HPI over time, until the October 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 8 THE RETREAT?

8 THE RETREAT is 73m² according to the EPC inspection conducted in December 2019. 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 THE RETREAT lies on this distribution: 12% of detached houses are smaller than 8 THE RETREAT, and 87% of houses are larger. Note that EPC data is not available for all properties in Margate.

8 THE RETREAT: Plot and Title Map

8 THE RETREAT sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 8 THE RETREAT, 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 THE RETREAT). 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 THE RETREAT?

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