3, THE RETREAT, BIRCHINGTON, CT7 9HS - £215,000

3 THE RETREAT is a very small detached house of 61m², built sometime between 1976 and 1982. It was last sold for £215,000 in August 2012, which was around 9% below the average August 2012 detached price in the Thanet local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

3 THE RETREAT Sold Prices

Land registry data shows three sales for 3 THE RETREAT 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 3 THE RETREAT 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
2012 2 AUG	£215,000	£235,790	9% below HPI
2007 5 JUL	£196,000	£263,841	26% below HPI
1997 12 NOV	£55,000	£81,574	33% below HPI

3 THE RETREAT 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 3 THE RETREAT sales between November 1997 and August 2012 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 July 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2012 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 3 THE RETREAT?

3 THE RETREAT is 61m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 3 THE RETREAT lies on this distribution: 5% of detached houses are smaller than 3 THE RETREAT, and 95% of houses are larger. Note that EPC data is not available for all properties in Margate.

3 THE RETREAT: Plot and Title Map

3 THE RETREAT sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 3 THE RETREAT, 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 THE RETREAT). 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 THE RETREAT?

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