29, SPRINGFIELD ROAD, CLIFTONVILLE, MARGATE, CT9 3ED - £410,000

29 SPRINGFIELD ROAD is a small detached house of 94m², built sometime between 1967 and 1975. It was last sold for £410,000 in July 2023, which was around 18% below the average July 2023 detached price in the Thanet local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.

29 SPRINGFIELD ROAD Sold Prices

Land registry data shows two sales for 29 SPRINGFIELD ROAD 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. One of the two 29 SPRINGFIELD ROAD sales was for below the average price, whilst the other 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
2023 21 JUL	£410,000	£500,584	18% below HPI
2001 17 APR	£127,000	£125,686	1% above HPI

29 SPRINGFIELD 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 two 29 SPRINGFIELD ROAD sales from April 2001 and July 2023 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 April 2001 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2023 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 29 SPRINGFIELD ROAD?

29 SPRINGFIELD ROAD is 94m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 40% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 29 SPRINGFIELD ROAD lies on this distribution: 38% of detached houses are smaller than 29 SPRINGFIELD ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Margate.

29 SPRINGFIELD ROAD: Plot and Title Map

29 SPRINGFIELD ROAD sits on a plot of roughly 0.155 of an acre, or 626m². The below map shows the location of 29 SPRINGFIELD 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 29 SPRINGFIELD 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 29 SPRINGFIELD ROAD?

29 SPRINGFIELD ROAD is located in CLIFTONVILLE, in the CT9 postcode district. The below map shows the position of No. 29 on SPRINGFIELD ROAD.