31, SPRINGFIELD ROAD, CLIFTONVILLE, MARGATE, CT9 3ED - £408,000

31 SPRINGFIELD ROAD is a small extended detached house of 91m², built sometime between 1950 and 1966. It was last sold for £408,000 in August 2022, which was around 22% below the average August 2022 detached price in the Thanet local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

31 SPRINGFIELD ROAD Sold Prices

Land registry data shows three sales for 31 SPRINGFIELD ROAD 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 31 SPRINGFIELD 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
2022 30 AUG	£408,000	£526,170	22% below HPI
2007 19 NOV	£217,000	£270,548	20% below HPI
1995 31 JUL	£67,000	£71,353	6% below HPI

31 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 three 31 SPRINGFIELD ROAD sales between July 1995 and August 2022 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 November 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 31 SPRINGFIELD ROAD?

31 SPRINGFIELD ROAD is 91m², which includes one extension, according to the EPC inspection conducted in May 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 31 SPRINGFIELD ROAD lies on this distribution: 34% of detached houses are smaller than 31 SPRINGFIELD ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Margate.

31 SPRINGFIELD ROAD: Plot and Title Map

31 SPRINGFIELD ROAD sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 31 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 31 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 31 SPRINGFIELD ROAD?

31 SPRINGFIELD ROAD is located in CLIFTONVILLE, in the CT9 postcode district. The below map shows the position of No. 31 on SPRINGFIELD ROAD.