15, OCEAN CLOSE, BIRCHINGTON, CT7 9HX - £387,500

15 OCEAN CLOSE is a large extended detached house of 145m², built sometime between 1967 and 1975. It was last sold for £387,500 in October 2014, which was around 37% above the average October 2014 detached price in the Thanet local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

15 OCEAN CLOSE Sold Prices

Land registry data shows three sales for 15 OCEAN 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. Two of the three 15 OCEAN CLOSE sales were for above the average price, whilst one was 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 31 OCT	£387,500	£282,604	37% above HPI
2009 15 SEP	£350,000	£230,959	52% above HPI
2001 2 NOV	£124,000	£137,122	10% below HPI

15 OCEAN 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 15 OCEAN CLOSE sales between November 2001 and October 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 September 2009 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the October 2014 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 15 OCEAN CLOSE?

15 OCEAN CLOSE is 145m², which includes three extensions, according to the EPC inspection conducted in August 2023. This puts it in the largest 30% 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 OCEAN CLOSE lies on this distribution: 78% of detached houses are smaller than 15 OCEAN CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Margate.

15 OCEAN CLOSE: Plot and Title Map

15 OCEAN CLOSE sits on a plot of roughly 0.194 of an acre, or 783m². The below map shows the location of 15 OCEAN 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 15 OCEAN 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 15 OCEAN CLOSE?

15 OCEAN CLOSE is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 15 on OCEAN CLOSE.