8, WESTMARSH DRIVE, MARGATE, CT9 3NX - £142,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 WESTMARSH DRIVE is a very small semi-detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £292,286. It was last sold for £142,000 in August 2011, which was around 12% below the average August 2011 semi-detached price in the Thanet local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

8 WESTMARSH DRIVE Sold Prices

Land registry data shows two sales for 8 WESTMARSH DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Thanet local authority area for the corresponding sale date. One of the two 8 WESTMARSH DRIVE sales was for below the average price, whilst the other was for above 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
2011 15 AUG	£142,000	£161,586	12% below HPI
2001 22 MAY	£85,000	£82,554	3% above HPI

8 WESTMARSH DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Thanet local authority area over time, sourced from the HPI. The two 8 WESTMARSH DRIVE sales from May 2001 and August 2011 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 was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2011 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 8 WESTMARSH DRIVE be worth now?

8 WESTMARSH DRIVE might now be worth an estimated £292,286.

This is based on house price inflation of 105.8%, between August 2011 and February 2025, for semi-detached houses, in the Thanet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 105.8% inflationary increase is applied to the most recent sale price for 8 WESTMARSH DRIVE of £142,000 on 15th August 2011. For the value to have increased from £142,000 to £292,286 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of 8 WESTMARSH DRIVE has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The August 2011 sale price of £142,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WESTMARSH DRIVE has not materially changed since August 2011.

How Large is 8 WESTMARSH DRIVE?

8 WESTMARSH DRIVE is 70m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of semi-detached houses houses in Margate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Margate, and where 8 WESTMARSH DRIVE lies on this distribution: 9% of semi-detached houses houses are smaller than 8 WESTMARSH DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Margate.

8 WESTMARSH DRIVE: Plot and Title Map

8 WESTMARSH DRIVE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 8 WESTMARSH DRIVE, 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 WESTMARSH DRIVE). 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 WESTMARSH DRIVE?

8 WESTMARSH DRIVE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 8 on WESTMARSH DRIVE.