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

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 WESTMARSH DRIVE is a very small semi-detached house of 70m², built sometime between 1983 and 1990. It was last sold for £142,000 in August 2011, which was around 39% below the average August 2011 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 detached price in the Thanet local authority area for the corresponding sale date. Both of the two 8 WESTMARSH DRIVE 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
2011 15 AUG	£142,000	£234,214	39% below HPI
2001 22 MAY	£85,000	£128,959	34% below HPI

8 WESTMARSH DRIVE 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 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 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2011 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

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 detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 8 WESTMARSH DRIVE lies on this distribution: 9% of detached 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.