Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
8 WILDERNESS HILL is a very large extended detached house of 270m², built sometime between 1900 and 1929. It was last sold for £285,000 in September 2015, which was around 6% 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.
Land registry data shows three sales for 8 WILDERNESS HILL since 1st 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 | £302,553 | 6% below HPI |
2007 21 AUG | £375,000 | £265,178 | 41% above HPI |
2003 19 FEB | £207,000 | £187,927 | 10% above HPI |
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 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the September 2015 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.
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 in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 8 WILDERNESS HILL lies on this distribution: 97% of detached 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 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.
8 WILDERNESS HILL is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 8 on WILDERNESS HILL.