1, JACOB CLOSE, MARGATE, CT9 4NB - £260,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 JACOB CLOSE is a midsized extended detached house of 108m², built sometime between 1950 and 1966, which could now be worth an estimated £430,915. It was last sold for £260,000 in November 2014, which was around 11% below the average November 2014 detached price in the Thanet local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

1 JACOB CLOSE Sold Prices

Land registry data shows three sales for 1 JACOB CLOSE 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. All of the three 1 JACOB CLOSE sales were for below 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 13 NOV	£260,000	£293,206	11% below HPI
1997 21 NOV	£72,500	£83,418	13% below HPI
1995 31 MAR	£59,995	£70,737	15% below HPI

1 JACOB CLOSE 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 1 JACOB CLOSE sales between March 1995 and November 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 November 1997 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2014 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 1 JACOB CLOSE be worth now?

1 JACOB CLOSE might now be worth an estimated £430,915.

This is based on house price inflation of 65.7%, between November 2014 and June 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 65.7% inflationary increase is applied to the most recent sale price for 1 JACOB CLOSE of £260,000 on 13th November 2014. For the value to have increased from £260,000 to £430,915 over the eleven years and five months to June 2025, the following assumptions must hold true:

• The value of 1 JACOB CLOSE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The November 2014 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 1 JACOB CLOSE has not materially changed since November 2014.

How Large is 1 JACOB CLOSE?

1 JACOB CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 50% 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 1 JACOB CLOSE lies on this distribution: 53% of detached houses houses are smaller than 1 JACOB CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Margate.

1 JACOB CLOSE: Plot and Title Map

1 JACOB CLOSE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 1 JACOB CLOSE, 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 1 JACOB CLOSE). 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 1 JACOB CLOSE?

1 JACOB CLOSE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 1 on JACOB CLOSE.