8, WILDERNESS HILL, MARGATE, CT9 2QF - £285,000

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 WILDERNESS HILL is a very large extended detached house of 270m², built sometime between 1900 and 1929, which could now be worth an estimated £450,441. It was last sold for £285,000 in September 2015, which was around 8% below the average September 2015 detached price in the Thanet local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.

8 WILDERNESS HILL Sold Prices

Land registry data shows three sales for 8 WILDERNESS HILL 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. One of the three 8 WILDERNESS HILL sales was for below the average price, whilst two were 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
2015 3 SEP	£285,000	£309,391	8% below HPI
2007 21 AUG	£375,000	£271,171	38% above HPI
2003 19 FEB	£207,000	£192,174	8% above HPI

8 WILDERNESS HILL 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 WILDERNESS HILL sales between February 2003 and September 2015 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 August 2007 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the September 2015 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 8 WILDERNESS HILL be worth now?

8 WILDERNESS HILL might now be worth an estimated £450,441.

This is based on house price inflation of 58%, between September 2015 and February 2025, for 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 58% inflationary increase is applied to the most recent sale price for 8 WILDERNESS HILL of £285,000 on 3rd September 2015. For the value to have increased from £285,000 to £450,441 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 WILDERNESS HILL has moved in line with the HPI for detached houses in the Thanet local authority area.
• The September 2015 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WILDERNESS HILL has not materially changed since September 2015.

How Large is 8 WILDERNESS HILL?

8 WILDERNESS HILL is 270m², which includes three extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 10% of detached houses houses in Margate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Margate, and where 8 WILDERNESS HILL lies on this distribution: 97% of detached houses houses are smaller than 8 WILDERNESS HILL, and 3% of houses are larger. Note that EPC data is not available for all properties in Margate.

8 WILDERNESS HILL: Plot and Title Map

8 WILDERNESS HILL sits on a plot of roughly 0.188 of an acre, or 762m². The below map shows the location of 8 WILDERNESS HILL, 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 WILDERNESS HILL). 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 WILDERNESS HILL?

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