3, THE RIDINGS, CLIFTONVILLE, MARGATE, CT9 3EJ - £597,500

3 THE RIDINGS is a very large detached house of 169m², built sometime between 1983 and 1990. It was last sold for £597,500 in April 2018, which was around 57% above the average April 2018 detached price in the Thanet local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

3 THE RIDINGS Sold Prices

Land registry data shows two sales for 3 THE RIDINGS 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. Both of the two 3 THE RIDINGS 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
2018 27 APR	£597,500	£381,201	57% above HPI
2007 29 MAY	£390,000	£258,652	51% above HPI

3 THE RIDINGS 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 3 THE RIDINGS sales from May 2007 and April 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 May 2007 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the April 2018 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is 3 THE RIDINGS?

3 THE RIDINGS is 169m² according to the EPC inspection conducted in May 2017. This puts it in the largest 20% 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 RIDINGS lies on this distribution: 87% of detached houses are smaller than 3 THE RIDINGS, and 13% of houses are larger. Note that EPC data is not available for all properties in Margate.

3 THE RIDINGS: Plot and Title Map

3 THE RIDINGS sits on a plot of roughly 0.177 of an acre, or 717m². The below map shows the location of 3 THE RIDINGS, 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 RIDINGS). 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 RIDINGS?

3 THE RIDINGS is located in CLIFTONVILLE, in the CT9 postcode district. The below map shows the position of No. 3 on THE RIDINGS.