15, GROTTO HILL, MARGATE, CT9 2BU - £154,000

15 GROTTO HILL is a midsized extended detached house of 97m², built sometime before 1900. It was last sold for £154,000 in July 2017, which was around 58% below the average July 2017 detached price in the Thanet local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was B.

15 GROTTO HILL Sold Prices

Land registry data shows three sales for 15 GROTTO HILL since 1st 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 15 GROTTO HILL sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2017
20 JUL
£154,000£363,107
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58% below HPI
2008
5 FEB
£115,000£273,243
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58% below HPI
2001
22 AUG
£53,000£134,982
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61% below HPI

15 GROTTO HILL 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 15 GROTTO HILL sales between August 2001 and July 2017 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 February 2008 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the July 2017 sale, which was also at 58% below the HPI.

15, GROTTO HILL, MARGATE, CT9 2BU: Price paid vs HM Land Registry's House Price Index

How Large is 15 GROTTO HILL?

15 GROTTO HILL is 97m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 50% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 15 GROTTO HILL lies on this distribution: 42% of detached houses are smaller than 15 GROTTO HILL, and 57% of houses are larger. Note that EPC data is not available for all properties in Margate.

15, GROTTO HILL, MARGATE, CT9 2BU: Size of property relative to detached houses in Margate

15 GROTTO HILL: Plot and Title Map

15 GROTTO HILL sits on a plot of roughly 0.017 of an acre, or 70m². The below map shows the location of 15 GROTTO HILL, 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 15 GROTTO HILL). 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.

15, GROTTO HILL, MARGATE, CT9 2BU: Plot and title map

Where is 15 GROTTO HILL?

15 GROTTO HILL is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 15 on GROTTO HILL.

15, GROTTO HILL, MARGATE, CT9 2BU: Location map and indicative extent of plot

All sales of detached houses on GROTTO HILL

15, GROTTO HILL, MARGATE, CT9 2BU
2017
20 JUL
£154,000
17, GROTTO HILL, MARGATE, CT9 2BU
2015
28 OCT
£172,500
15, GROTTO HILL, MARGATE, CT9 2BU
2008
5 FEB
£115,000
15, GROTTO HILL, MARGATE, CT9 2BU
2001
22 AUG
£53,000
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.