10, ELMLEY WAY, MARGATE, CT9 4ER - £365,000

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.

10 ELMLEY WAY is a small extended semi-detached house of 85m², built sometime between 1976 and 1982, which could now be worth an estimated £338,999. It was last sold for £365,000 in September 2022, which was around 2% above the average September 2022 semi-detached price in the Thanet local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

10 ELMLEY WAY Sold Prices

Land registry data shows five sales for 10 ELMLEY WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Thanet local authority area for the corresponding sale date. All of the five 10 ELMLEY WAY 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
2022 23 SEP	£365,000	£358,111	2% above HPI
2017 31 MAR	£330,000	£243,140	36% above HPI
2009 24 JUL	£175,000	£158,361	11% above HPI
2003 25 MAR	£126,500	£123,755	2% above HPI
1995 22 SEP	£53,500	£47,402	13% above HPI

10 ELMLEY WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Thanet local authority area over time, sourced from the HPI. The five 10 ELMLEY WAY sales between September 1995 and September 2022 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 2017 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the September 2022 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 10 ELMLEY WAY be worth now?

10 ELMLEY WAY might now be worth an estimated £338,999.

This is based on house price deflation of 7.1%, between September 2022 and February 2025, for semi-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 7.1% deflationary decrease is applied to the most recent sale price for 10 ELMLEY WAY of £365,000 on 23rd September 2022. For the value to have decreased from £365,000 to £338,999 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 10 ELMLEY WAY has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The September 2022 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 10 ELMLEY WAY has not materially changed since September 2022.

How Large is 10 ELMLEY WAY?

10 ELMLEY WAY is 85m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 30% of semi-detached houses houses in Margate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Margate, and where 10 ELMLEY WAY lies on this distribution: 25% of semi-detached houses houses are smaller than 10 ELMLEY WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Margate.

10 ELMLEY WAY: Plot and Title Map

10 ELMLEY WAY sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of 10 ELMLEY WAY, 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 10 ELMLEY WAY). 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 10 ELMLEY WAY?

10 ELMLEY WAY is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 10 on ELMLEY WAY.