NEWVILLE, MILL LANE, BIRCHINGTON, CT7 9TU - £307,500

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

NEWVILLE is a midsized extended detached house of 106m², built sometime between 1976 and 1982. It was last sold for £307,500 in April 2019, which was around 20% below the average April 2019 detached price in the Thanet local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

NEWVILLE Sold Prices

Land registry data shows three sales for NEWVILLE 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. Two of the three NEWVILLE sales were for below the average price, whilst one was 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
2019 4 APR	£307,500	£383,782	20% below HPI
2003 21 NOV	£196,000	£207,274	5% below HPI
2002 30 AUG	£170,000	£163,244	4% above HPI

NEWVILLE 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 NEWVILLE sales between August 2002 and April 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 November 2003 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is NEWVILLE?

NEWVILLE is 106m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 50% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where NEWVILLE lies on this distribution: 51% of detached houses are smaller than NEWVILLE, and 48% of houses are larger. Note that EPC data is not available for all properties in Margate.

NEWVILLE: Plot and Title Map

NEWVILLE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of NEWVILLE, 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 NEWVILLE). 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 NEWVILLE?

NEWVILLE is located on MILL LANE in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of NEWVILLE on MILL LANE.