SEAWAY, HENGIST ROAD, WESTGATE-ON-SEA, CT8 8PJ - £325,000

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

SEAWAY is a midsized detached house of 116m², built sometime between 1967 and 1975. It was last sold for £325,000 in May 2014, which was around 22% above the average May 2014 detached price in the Thanet local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

SEAWAY Sold Prices

Land registry data shows two sales for SEAWAY 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 SEAWAY 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
2014 30 MAY	£325,000	£265,534	22% above HPI
2005 16 DEC	£250,000	£236,592	6% above HPI

SEAWAY 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 SEAWAY sales from December 2005 and May 2014 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 December 2005 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2014 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is SEAWAY?

SEAWAY is 116m² according to the EPC inspection conducted in May 2013. This puts it in the largest 40% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where SEAWAY lies on this distribution: 60% of detached houses are smaller than SEAWAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Margate.

SEAWAY: Plot and Title Map

SEAWAY sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of SEAWAY, 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 SEAWAY). 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 SEAWAY?

SEAWAY is located on HENGIST ROAD in WESTGATE-ON-SEA, in the CT8 postcode district. The below map shows the position of SEAWAY on HENGIST ROAD.