THE ORCHARD, TIPPLEDORE LANE, BROADSTAIRS, CT10 2TG - £520,000

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

THE ORCHARD is a midsized extended detached house of 116m², built sometime between 1950 and 1966. It was last sold for £520,000 in August 2023, which was around 4% above the average August 2023 detached price in the Thanet local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

THE ORCHARD Sold Prices

Land registry data shows six sales for THE ORCHARD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. All of the six THE ORCHARD 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
2023 18 AUG	£520,000	£501,071	4% above HPI
2012 31 AUG	£295,000	£235,790	25% above HPI
2006 13 OCT	£340,000	£247,201	38% above HPI
2003 19 SEP	£239,995	£201,845	19% above HPI
1999 29 OCT	£106,000	£97,393	9% above HPI
1997 14 NOV	£96,000	£81,574	18% above HPI

THE ORCHARD 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 six THE ORCHARD sales between November 1997 and August 2023 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 2012 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2023 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is THE ORCHARD?

THE ORCHARD is 116m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the smallest 50% of detached houses in Broadstairs, based on EPC data. The below chart shows the distribution of detached houses by size in Broadstairs, and where THE ORCHARD lies on this distribution: 49% of detached houses are smaller than THE ORCHARD, and 50% of houses are larger. Note that EPC data is not available for all properties in Broadstairs.

THE ORCHARD: Plot and Title Map

THE ORCHARD sits on a plot of roughly 0.195 of an acre, or 790m². The below map shows the location of THE ORCHARD, 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 ORCHARD). 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 ORCHARD?

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