149, MILLMEAD ROAD, MARGATE, CT9 3TH - £415,000

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.

149 MILLMEAD ROAD is a large detached house of 125m², built sometime between 1900 and 1929, which could now be worth an estimated £419,194. It was last sold for £415,000 in October 2021, which was around 13% below the average October 2021 detached price in the Thanet local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

149 MILLMEAD ROAD Sold Prices

Land registry data shows three sales for 149 MILLMEAD ROAD 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 149 MILLMEAD ROAD 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
2021 4 OCT	£415,000	£475,111	13% below HPI
2017 10 NOV	£320,000	£389,702	18% below HPI
2015 2 OCT	£210,000	£313,567	33% below HPI

149 MILLMEAD ROAD 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 149 MILLMEAD ROAD sales between October 2015 and October 2021 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 2017 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 149 MILLMEAD ROAD be worth now?

149 MILLMEAD ROAD might now be worth an estimated £419,194.

This is based on house price inflation of 1%, between October 2021 and May 2026, 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 1% inflationary increase is applied to the most recent sale price for 149 MILLMEAD ROAD of £415,000 on 4th October 2021. For the value to have increased from £415,000 to £419,194 over the five years and five months to May 2026, the following assumptions must hold true:

• The value of 149 MILLMEAD ROAD has moved in line with the HPI for detached houses in the Thanet local authority area.
• The October 2021 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 149 MILLMEAD ROAD has not materially changed since October 2021.

How Large is 149 MILLMEAD ROAD?

149 MILLMEAD ROAD is 125m² according to the EPC inspection conducted in March 2017. This puts it in the largest 40% 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 149 MILLMEAD ROAD lies on this distribution: 65% of detached houses houses are smaller than 149 MILLMEAD ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Margate.

149 MILLMEAD ROAD: Plot and Title Map

149 MILLMEAD ROAD sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 149 MILLMEAD 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 149 MILLMEAD 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 149 MILLMEAD ROAD?

149 MILLMEAD ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 149 on MILLMEAD ROAD.