9, JACOB CLOSE, MARGATE, CT9 4NB - £495,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 JACOB CLOSE is a large extended detached house of 134m², built sometime between 1967 and 1975, which could now be worth an estimated £459,250. It was last sold for £495,000 in February 2023, which was around 6% below the average February 2023 detached price in the Thanet local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was C.

9 JACOB CLOSE Sold Prices

Land registry data shows three sales for 9 JACOB CLOSE 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. All of the three 9 JACOB CLOSE 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
2023 3 FEB	£495,000	£527,056	6% below HPI
2017 31 OCT	£315,000	£383,814	18% below HPI
1996 10 JAN	£45,000	£71,558	37% below HPI

9 JACOB CLOSE 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 9 JACOB CLOSE sales between January 1996 and February 2023 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 October 2017 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2023 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 9 JACOB CLOSE be worth now?

9 JACOB CLOSE might now be worth an estimated £459,250.

This is based on house price deflation of 7.2%, between February 2023 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 7.2% deflationary decrease is applied to the most recent sale price for 9 JACOB CLOSE of £495,000 on 3rd February 2023. For the value to have decreased from £495,000 to £459,250 over the two years to February 2025, the following assumptions must hold true:

• The value of 9 JACOB CLOSE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The February 2023 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 9 JACOB CLOSE has not materially changed since February 2023.

How Large is 9 JACOB CLOSE?

9 JACOB CLOSE is 134m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the largest 30% 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 9 JACOB CLOSE lies on this distribution: 73% of detached houses houses are smaller than 9 JACOB CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Margate.

9 JACOB CLOSE: Plot and Title Map

9 JACOB CLOSE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 9 JACOB CLOSE, 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 JACOB CLOSE). 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 JACOB CLOSE?

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