2, FARLEY ROAD, MARGATE, CT9 4EP - £362,500

2 FARLEY ROAD is a midsized extended detached house of 113m², built sometime between 1930 and 1949. It was last sold for £362,500 in September 2021, which was around 21% below the average September 2021 detached price in the Thanet local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

2 FARLEY ROAD Sold Prices

Land registry data shows three sales for 2 FARLEY 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 2 FARLEY 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 9 SEP	£362,500	£457,735	21% below HPI
2013 27 AUG	£182,000	£242,341	25% below HPI
2008 4 JAN	£239,000	£273,335	13% below HPI

2 FARLEY 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 2 FARLEY ROAD sales between January 2008 and September 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 August 2013 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 FARLEY ROAD?

2 FARLEY ROAD is 113m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the largest 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 2 FARLEY ROAD lies on this distribution: 58% of detached houses are smaller than 2 FARLEY ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Margate.

2 FARLEY ROAD: Plot and Title Map

2 FARLEY ROAD sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 2 FARLEY 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 2 FARLEY 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 2 FARLEY ROAD?

2 FARLEY ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 2 on FARLEY ROAD.