LANE COTTAGE, TIPPLEDORE LANE, BROADSTAIRS, CT10 2TG - £250,000

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

LANE COTTAGE is a small extended detached house of 89m², built sometime before 1900. It was last sold for £250,000 in June 2017, which was around 30% below the average June 2017 detached price in the Thanet local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was E.

LANE COTTAGE Sold Prices

Land registry data shows two sales for LANE COTTAGE since 1^st 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 LANE COTTAGE 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
2017 29 JUN	£250,000	£358,311	30% below HPI
1998 3 APR	£72,000	£82,312	13% below HPI

LANE COTTAGE 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 two LANE COTTAGE sales from April 1998 and June 2017 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 April 1998 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is LANE COTTAGE?

LANE COTTAGE is 89m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 30% of detached houses in Broadstairs, based on EPC data. The below chart shows the distribution of detached houses by size in Broadstairs, and where LANE COTTAGE lies on this distribution: 26% of detached houses are smaller than LANE COTTAGE, and 74% of houses are larger. Note that EPC data is not available for all properties in Broadstairs.

LANE COTTAGE: Plot and Title Map

LANE COTTAGE sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of LANE COTTAGE, 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 LANE COTTAGE). 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 LANE COTTAGE?

LANE COTTAGE is located on TIPPLEDORE LANE in BROADSTAIRS, in the CT10 postcode district. The below map shows the position of LANE COTTAGE on TIPPLEDORE LANE.