9, ROSEWOOD WAY, BIRCHINGTON, CT7 9QZ - £440,000

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 ROSEWOOD WAY is a large extended detached house of 130m², built sometime between 1996 and 2002, which could now be worth an estimated £505,853. It was last sold for £440,000 in November 2020, which was around 3% above the average November 2020 detached price in the Thanet local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

9 ROSEWOOD WAY Sold Prices

Land registry data shows four sales for 9 ROSEWOOD WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. All of the four 9 ROSEWOOD WAY sales 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
2020 11 NOV	£440,000	£425,333	3% above HPI
2010 23 JUL	£317,500	£248,047	28% above HPI
2004 14 JUL	£283,000	£234,370	21% above HPI
2003 15 OCT	£250,000	£209,711	19% above HPI

9 ROSEWOOD WAY 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 four 9 ROSEWOOD WAY sales between October 2003 and November 2020 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 2010 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the November 2020 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 9 ROSEWOOD WAY be worth now?

9 ROSEWOOD WAY might now be worth an estimated £505,853.

This is based on house price inflation of 15%, between November 2020 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 15% inflationary increase is applied to the most recent sale price for 9 ROSEWOOD WAY of £440,000 on 11th November 2020. For the value to have increased from £440,000 to £505,853 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 9 ROSEWOOD WAY has moved in line with the HPI for detached houses in the Thanet local authority area.
• The November 2020 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 9 ROSEWOOD WAY has not materially changed since November 2020.

How Large is 9 ROSEWOOD WAY?

9 ROSEWOOD WAY is 130m², which includes one extension, according to the EPC inspection conducted in September 2019. 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 ROSEWOOD WAY lies on this distribution: 70% of detached houses houses are smaller than 9 ROSEWOOD WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Margate.

9 ROSEWOOD WAY: Plot and Title Map

9 ROSEWOOD WAY sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 9 ROSEWOOD 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 ROSEWOOD 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 ROSEWOOD WAY?

9 ROSEWOOD WAY is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 9 on ROSEWOOD WAY.