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
9 CUNNINGHAM CRESCENT is a small extended detached house of 83m², built sometime between 1950 and 1966. It was last sold for £325,000 in May 2016, which was around 1% below the average May 2016 detached price in the Thanet local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 9 CUNNINGHAM CRESCENT 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. Two of the three 9 CUNNINGHAM CRESCENT sales were for below the average price, whilst one 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 |
---|---|---|---|
2016 6 MAY | £325,000 | £328,129 | 1% below HPI |
2015 17 JUL | £232,500 | £287,423 | 19% below HPI |
1997 29 JUL | £79,000 | £75,560 | 5% 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 9 CUNNINGHAM CRESCENT sales between July 1997 and May 2016 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 July 2015 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2016 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.
9 CUNNINGHAM CRESCENT is 83m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 9 CUNNINGHAM CRESCENT lies on this distribution: 23% of detached houses are smaller than 9 CUNNINGHAM CRESCENT, and 76% of houses are larger. Note that EPC data is not available for all properties in Margate.
9 CUNNINGHAM CRESCENT sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 9 CUNNINGHAM CRESCENT, 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 9 CUNNINGHAM CRESCENT). 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.
9 CUNNINGHAM CRESCENT is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 9 on CUNNINGHAM CRESCENT.