23, LALEHAM ROAD, MARGATE, CT9 3QA - £199,995

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.

23 LALEHAM ROAD is a small extended terraced house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £241,693. It was last sold for £199,995 in September 2018, which was around 6% below the average September 2018 terraced price in the Thanet local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

23 LALEHAM ROAD Sold Prices

Land registry data shows four sales for 23 LALEHAM ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Thanet local authority area for the corresponding sale date. Most of the four 23 LALEHAM 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
2018 7 SEP	£199,995	£213,737	6% below HPI
2009 9 SEP	£101,000	£130,192	22% below HPI
2009 4 AUG	£80,000	£128,028	38% below HPI
1996 9 JUL	£50,000	£34,966	43% above HPI

23 LALEHAM ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Thanet local authority area over time, sourced from the HPI. The four 23 LALEHAM ROAD sales between July 1996 and September 2018 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 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2018 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 23 LALEHAM ROAD be worth now?

23 LALEHAM ROAD might now be worth an estimated £241,693.

This is based on house price inflation of 20.8%, between September 2018 and May 2026, for terraced 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 20.8% inflationary increase is applied to the most recent sale price for 23 LALEHAM ROAD of £199,995 on 7th September 2018. For the value to have increased from £199,995 to £241,693 over the eight years and four months to May 2026, the following assumptions must hold true:

• The value of 23 LALEHAM ROAD has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The September 2018 sale price of £199,995 represented a fair market value for the property.
• The size, condition, and specification of 23 LALEHAM ROAD has not materially changed since September 2018.

How Large is 23 LALEHAM ROAD?

23 LALEHAM ROAD is 86m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 30% of terraced houses houses in Margate, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Margate, and where 23 LALEHAM ROAD lies on this distribution: 26% of terraced houses houses are smaller than 23 LALEHAM ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Margate.

23 LALEHAM ROAD: Plot and Title Map

23 LALEHAM ROAD sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 23 LALEHAM 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 23 LALEHAM 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 23 LALEHAM ROAD?

23 LALEHAM ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 23 on LALEHAM ROAD.