8, WELLESLEY CLOSE, BROADSTAIRS, CT10 2HH - £339,500

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 WELLESLEY CLOSE is a small extended detached house of 84m², built sometime between 1930 and 1949. It was last sold for £339,500 in October 2018, which was around 15% below the average October 2018 detached price in the Thanet local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was C.

8 WELLESLEY CLOSE Sold Prices

Land registry data shows three sales for 8 WELLESLEY CLOSE 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. The three 8 WELLESLEY CLOSE sales were a mix of below the average price, and roughly equal to 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
2018 5 OCT	£339,500	£400,535	15% below HPI
2001 9 MAY	£129,000	£128,959	Close to HPI
1999 26 APR	£67,500	£85,936	21% below HPI

8 WELLESLEY CLOSE 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 WELLESLEY CLOSE sales between April 1999 and October 2018 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 2001 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2018 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 8 WELLESLEY CLOSE?

8 WELLESLEY CLOSE is 84m², which includes two extensions, according to the EPC inspection conducted in August 2017. This puts it in the smallest 30% of detached houses in Broadstairs, based on EPC data. The below chart shows the distribution of detached houses by size in Broadstairs, and where 8 WELLESLEY CLOSE lies on this distribution: 22% of detached houses are smaller than 8 WELLESLEY CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Broadstairs.

8 WELLESLEY CLOSE: Plot and Title Map

8 WELLESLEY CLOSE sits on a plot of roughly 0.173 of an acre, or 700m². The below map shows the location of 8 WELLESLEY CLOSE, 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 WELLESLEY CLOSE). 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 WELLESLEY CLOSE?

8 WELLESLEY CLOSE is located in BROADSTAIRS, in the CT10 postcode district. The below map shows the position of No. 8 on WELLESLEY CLOSE.