17, MELLANBY CLOSE, BIRCHINGTON, CT7 0BZ - £281,000

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.

17 MELLANBY CLOSE is a small detached house of 82m², built sometime between 1976 and 1982, which could now be worth an estimated £343,938. It was last sold for £281,000 in February 2020, which was around 29% below the average February 2020 detached price in the Thanet local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

17 MELLANBY CLOSE Sold Prices

Land registry data shows two sales for 17 MELLANBY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. Both of the two 17 MELLANBY CLOSE 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
2020 10 FEB	£281,000	£397,025	29% below HPI
2011 8 JUL	£155,000	£239,254	35% below HPI

17 MELLANBY 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 two 17 MELLANBY CLOSE sales from July 2011 and February 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 July 2011 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2020 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 17 MELLANBY CLOSE be worth now?

17 MELLANBY CLOSE might now be worth an estimated £343,938.

This is based on house price inflation of 22.4%, between February 2020 and June 2025, 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 22.4% inflationary increase is applied to the most recent sale price for 17 MELLANBY CLOSE of £281,000 on 10th February 2020. For the value to have increased from £281,000 to £343,938 over the four years and eight months to June 2025, the following assumptions must hold true:

• The value of 17 MELLANBY CLOSE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The February 2020 sale price of £281,000 represented a fair market value for the property.
• The size, condition, and specification of 17 MELLANBY CLOSE has not materially changed since February 2020.

How Large is 17 MELLANBY CLOSE?

17 MELLANBY CLOSE is 82m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 30% 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 17 MELLANBY CLOSE lies on this distribution: 22% of detached houses houses are smaller than 17 MELLANBY CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Margate.

17 MELLANBY CLOSE: Plot and Title Map

17 MELLANBY CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 17 MELLANBY 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 17 MELLANBY 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 17 MELLANBY CLOSE?

17 MELLANBY CLOSE is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 17 on MELLANBY CLOSE.