RED LODGE, THE PARADE, BIRCHINGTON, CT7 9LX - £913,020

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

RED LODGE is a very large extended detached house of 308m², built sometime between 1900 and 1929, which could now be worth an estimated £1,287,147. It was last sold for £913,020 in August 2016, which was around 163% above the average August 2016 detached price in the Thanet local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was D.

RED LODGE Sold Prices

Land registry data shows two sales for RED LODGE 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 RED LODGE 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
2016 18 AUG	£913,020	£346,859	163% above HPI
2003 7 AUG	£440,000	£206,126	113% above HPI

RED LODGE 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 RED LODGE sales from August 2003 and August 2016 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 August 2003 sale was for 113% above the HPI. So the extrapolation line tracks at 113% above the HPI over time, until the August 2016 sale, where it rises to 163% above the HPI. The line then continues to track at 163% above the HPI.

What might RED LODGE be worth now?

RED LODGE might now be worth an estimated £1,287,147.

This is based on house price inflation of 41%, between August 2016 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 41% inflationary increase is applied to the most recent sale price for RED LODGE of £913,020 on 18th August 2016. For the value to have increased from £913,020 to £1,287,147 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of RED LODGE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The August 2016 sale price of £913,020 represented a fair market value for the property.
• The size, condition, and specification of RED LODGE has not materially changed since August 2016.

How Large is RED LODGE?

RED LODGE is 308m², which includes four extensions, according to the EPC inspection conducted in November 2013. This puts it in the largest 10% 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 RED LODGE lies on this distribution: 99% of detached houses houses are smaller than RED LODGE, and 1% of houses are larger. Note that EPC data is not available for all properties in Margate.

RED LODGE: Plot and Title Map

RED LODGE sits on a plot of roughly 0.410 of an acre, or 1,659m². The below map shows the location of RED LODGE, 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 RED LODGE). 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 RED LODGE?

RED LODGE is located on THE PARADE in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of RED LODGE on THE PARADE.