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 LALEHAM GARDENS is a large detached house of 120m², built sometime between 1967 and 1975. It was last sold for £315,000 in December 2019, which was around 20% below the average December 2019 detached price in the Thanet local authority area. The most recent EPC inspection was June 2019, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 9 LALEHAM GARDENS since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. Both of the two 9 LALEHAM GARDENS 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 |
---|---|---|---|
2019 17 DEC | £315,000 | £394,763 | 20% below HPI |
2009 29 MAY | £180,000 | £218,870 | 18% below HPI |
The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The two 9 LALEHAM GARDENS sales from May 2009 and December 2019 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 2009 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.
9 LALEHAM GARDENS is 120m² according to the EPC inspection conducted in June 2019. This puts it in the largest 40% 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 LALEHAM GARDENS lies on this distribution: 63% of detached houses are smaller than 9 LALEHAM GARDENS, and 36% of houses are larger. Note that EPC data is not available for all properties in Margate.
9 LALEHAM GARDENS sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 9 LALEHAM GARDENS, 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 LALEHAM GARDENS). 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 LALEHAM GARDENS is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 9 on LALEHAM GARDENS.