THE FARMHOUSE, ZEILA FARM, HIGH STREET, GARLINGE, MARGATE, CT9 5NA - £395,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE FARMHOUSE is a very large extended detached house of 171m², built sometime between 1950 and 1966. It was last sold for £395,000 in November 2013, which was around 59% above the average November 2013 detached price in the Thanet local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was C.

THE FARMHOUSE Sold Prices

Land registry data shows two sales for THE FARMHOUSE 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 THE FARMHOUSE 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
2013 12 NOV	£395,000	£248,117	59% above HPI
2004 31 MAR	£305,000	£216,087	41% above HPI

THE FARMHOUSE 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 THE FARMHOUSE sales from March 2004 and November 2013 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 March 2004 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the November 2013 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is THE FARMHOUSE?

THE FARMHOUSE is 171m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the largest 20% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where THE FARMHOUSE lies on this distribution: 87% of detached houses are smaller than THE FARMHOUSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Margate.

THE FARMHOUSE: Plot and Title Map

THE FARMHOUSE sits on a plot of roughly 0.361 of an acre, or 1,462m². The below map shows the location of THE FARMHOUSE, 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 THE FARMHOUSE). 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 THE FARMHOUSE?

THE FARMHOUSE, ZEILA FARM is located on HIGH STREET in GARLINGE, in the CT9 postcode district. The below map shows the position of THE FARMHOUSE, ZEILA FARM on HIGH STREET.