11, APPROACH ROAD, MARGATE, CT9 2AG - £370,000

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.

11 APPROACH ROAD is a large extended terraced house of 138m², built sometime before 1900, which could now be worth an estimated £431,519. It was last sold for £370,000 in November 2020, which was around 67% above the average November 2020 terraced price in the Thanet local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

11 APPROACH ROAD Sold Prices

Land registry data shows two sales for 11 APPROACH ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Thanet local authority area for the corresponding sale date. Both of the two 11 APPROACH ROAD 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
2020 20 NOV	£370,000	£221,476	67% above HPI
2006 23 JAN	£191,000	£132,234	44% above HPI

11 APPROACH ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Thanet local authority area over time, sourced from the HPI. The two 11 APPROACH ROAD sales from January 2006 and November 2020 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 January 2006 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the November 2020 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might 11 APPROACH ROAD be worth now?

11 APPROACH ROAD might now be worth an estimated £431,519.

This is based on house price inflation of 16.6%, between November 2020 and May 2026, for terraced 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 16.6% inflationary increase is applied to the most recent sale price for 11 APPROACH ROAD of £370,000 on 20th November 2020. For the value to have increased from £370,000 to £431,519 over the six years and six months to May 2026, the following assumptions must hold true:

• The value of 11 APPROACH ROAD has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The November 2020 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 11 APPROACH ROAD has not materially changed since November 2020.

How Large is 11 APPROACH ROAD?

11 APPROACH ROAD is 138m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 30% of terraced houses houses in Margate, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Margate, and where 11 APPROACH ROAD lies on this distribution: 74% of terraced houses houses are smaller than 11 APPROACH ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Margate.

11 APPROACH ROAD: Plot and Title Map

11 APPROACH ROAD sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 11 APPROACH ROAD, 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 11 APPROACH ROAD). 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 11 APPROACH ROAD?

11 APPROACH ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 11 on APPROACH ROAD.