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
92 WESTFIELD ROAD is a large extended detached house of 141m², built sometime between 1950 and 1966. It was last sold for £400,000 in May 2021, which was around 7% below the average May 2021 detached price in the Thanet local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 92 WESTFIELD ROAD 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. All of the three 92 WESTFIELD ROAD 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 |
---|---|---|---|
2021 4 MAY | £400,000 | £430,805 | 7% below HPI |
1998 28 SEP | £69,500 | £85,248 | 18% below HPI |
1996 6 JUN | £64,395 | £70,940 | 9% below HPI |
The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The three 92 WESTFIELD ROAD sales between June 1996 and May 2021 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 September 1998 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.
92 WESTFIELD ROAD is 141m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the largest 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 92 WESTFIELD ROAD lies on this distribution: 76% of detached houses are smaller than 92 WESTFIELD ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Margate.
92 WESTFIELD ROAD sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 92 WESTFIELD ROAD, 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 92 WESTFIELD ROAD). 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.
92 WESTFIELD ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 92 on WESTFIELD ROAD.