2, EDWARD DRIVE, BIRCHINGTON, CT7 9BY - £379,500

2 EDWARD DRIVE is a very small detached house of 62m², built sometime between 1950 and 1966. It was last sold for £379,500 in March 2022, which was around 21% below the average March 2022 detached price in the Thanet local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

2 EDWARD DRIVE Sold Prices

Land registry data shows three sales for 2 EDWARD DRIVE 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 2 EDWARD DRIVE sales were for below the average price, whilst one was 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
2022 4 MAR	£379,500	£483,035	21% below HPI
2004 30 JUL	£239,995	£229,190	5% above HPI
1999 21 JUN	£72,000	£88,458	19% below HPI

2 EDWARD DRIVE 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 2 EDWARD DRIVE sales between June 1999 and March 2022 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 2004 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 EDWARD DRIVE?

2 EDWARD DRIVE is 62m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 2 EDWARD DRIVE lies on this distribution: 5% of detached houses are smaller than 2 EDWARD DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Margate.

2 EDWARD DRIVE: Plot and Title Map

2 EDWARD DRIVE sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 2 EDWARD DRIVE, 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 2 EDWARD DRIVE). 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 2 EDWARD DRIVE?

2 EDWARD DRIVE is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 2 on EDWARD DRIVE.