3, PRINCES CLOSE, BIRCHINGTON, CT7 9PD - £200,000

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.

3 PRINCES CLOSE is a small extended terraced house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £387,914. It was last sold for £200,000 in June 2010, which was around 50% above the average June 2010 terraced price in the Thanet local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was C.

3 PRINCES CLOSE Sold Prices

Land registry data shows two sales for 3 PRINCES CLOSE 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 3 PRINCES CLOSE sales were 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
2010 14 JUN	£200,000	£133,174	50% above HPI
2009 24 AUG	£150,000	£128,028	17% above HPI

3 PRINCES CLOSE 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 3 PRINCES CLOSE sales from August 2009 and June 2010 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 2009 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the June 2010 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 3 PRINCES CLOSE be worth now?

3 PRINCES CLOSE might now be worth an estimated £387,914.

This is based on house price inflation of 94%, between June 2010 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 94% inflationary increase is applied to the most recent sale price for 3 PRINCES CLOSE of £200,000 on 14th June 2010. For the value to have increased from £200,000 to £387,914 over the sixteen years and one month to May 2026, the following assumptions must hold true:

• The value of 3 PRINCES CLOSE has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The June 2010 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PRINCES CLOSE has not materially changed since June 2010.

How Large is 3 PRINCES CLOSE?

3 PRINCES CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the smallest 40% 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 3 PRINCES CLOSE lies on this distribution: 35% of terraced houses houses are smaller than 3 PRINCES CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Margate.

3 PRINCES CLOSE: Plot and Title Map

3 PRINCES CLOSE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 3 PRINCES CLOSE, 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 3 PRINCES CLOSE). 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 3 PRINCES CLOSE?

3 PRINCES CLOSE is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 3 on PRINCES CLOSE.