9, ELMLEY WAY, MARGATE, CT9 4ER - £174,000

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.

9 ELMLEY WAY is a small extended semi-detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £352,091. It was last sold for £174,000 in May 2013, which was around 6% above the average May 2013 semi-detached price in the Thanet local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

9 ELMLEY WAY Sold Prices

Land registry data shows three sales for 9 ELMLEY WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Thanet local authority area for the corresponding sale date. Two of the three 9 ELMLEY WAY sales were for above the average price, whilst one was 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
2013 30 MAY	£174,000	£164,368	6% above HPI
2008 27 MAY	£184,000	£188,002	2% below HPI
2002 15 MAY	£114,000	£101,105	13% above HPI

9 ELMLEY WAY 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 three 9 ELMLEY WAY sales between May 2002 and May 2013 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 2008 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2013 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 9 ELMLEY WAY be worth now?

9 ELMLEY WAY might now be worth an estimated £352,091.

This is based on house price inflation of 102.4%, between May 2013 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 102.4% inflationary increase is applied to the most recent sale price for 9 ELMLEY WAY of £174,000 on 30th May 2013. For the value to have increased from £174,000 to £352,091 over the twelve years and three months to February 2025, the following assumptions must hold true:

• The value of 9 ELMLEY WAY has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The May 2013 sale price of £174,000 represented a fair market value for the property.
• The size, condition, and specification of 9 ELMLEY WAY has not materially changed since May 2013.

How Large is 9 ELMLEY WAY?

9 ELMLEY WAY is 84m², which includes two extensions, according to the EPC inspection conducted in May 2012. This puts it in the smallest 30% 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 9 ELMLEY WAY lies on this distribution: 24% of semi-detached houses houses are smaller than 9 ELMLEY WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Margate.

9 ELMLEY WAY: Plot and Title Map

9 ELMLEY WAY sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 9 ELMLEY WAY, 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 ELMLEY WAY). 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 9 ELMLEY WAY?

9 ELMLEY WAY is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 9 on ELMLEY WAY.