24, ADDISCOMBE ROAD, MARGATE, CT9 2SU - £193,000

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.

24 ADDISCOMBE ROAD is a very small extended terraced house of 70m², built sometime between 1900 and 1929, which could now be worth an estimated £235,519. It was last sold for £193,000 in September 2018, which was around 10% below the average September 2018 terraced price in the Thanet local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

24 ADDISCOMBE ROAD Sold Prices

Land registry data shows two sales for 24 ADDISCOMBE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Thanet local authority area for the corresponding sale date. Both of the two 24 ADDISCOMBE 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 21 SEP	£193,000	£213,737	10% below HPI
2011 17 MAR	£88,000	£132,229	33% below HPI

24 ADDISCOMBE 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 two 24 ADDISCOMBE ROAD sales from March 2011 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 March 2011 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2018 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 24 ADDISCOMBE ROAD be worth now?

24 ADDISCOMBE ROAD might now be worth an estimated £235,519.

This is based on house price inflation of 22%, between September 2018 and June 2025, 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 22% inflationary increase is applied to the most recent sale price for 24 ADDISCOMBE ROAD of £193,000 on 21st September 2018. For the value to have increased from £193,000 to £235,519 over the seven years and three months to June 2025, the following assumptions must hold true:

• The value of 24 ADDISCOMBE ROAD has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The September 2018 sale price of £193,000 represented a fair market value for the property.
• The size, condition, and specification of 24 ADDISCOMBE ROAD has not materially changed since September 2018.

How Large is 24 ADDISCOMBE ROAD?

24 ADDISCOMBE ROAD is 70m², which includes two extensions, according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% 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 24 ADDISCOMBE ROAD lies on this distribution: 9% of terraced houses houses are smaller than 24 ADDISCOMBE ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Margate.

24 ADDISCOMBE ROAD: Plot and Title Map

24 ADDISCOMBE ROAD sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 24 ADDISCOMBE 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 24 ADDISCOMBE 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 24 ADDISCOMBE ROAD?

24 ADDISCOMBE ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 24 on ADDISCOMBE ROAD.