34, NORTHDOWN WAY, MARGATE, CT9 3QX - £350,000

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.

34 NORTHDOWN WAY is a midsized detached house of 109m², which could now be worth an estimated £383,688. It was last sold for £350,000 in February 2021, which was around 21% below the average February 2021 detached price in the Thanet local authority area. The most recent EPC inspection was June 2017, where the current energy rating was B, and the potential energy rating was A.

34 NORTHDOWN WAY Sold Prices

Land registry data shows three sales for 34 NORTHDOWN WAY 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 34 NORTHDOWN WAY 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
2021 11 FEB	£350,000	£443,283	21% below HPI
2019 1 JUL	£315,000	£405,937	22% below HPI
2008 31 OCT	£177,000	£253,223	30% below HPI

34 NORTHDOWN WAY 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 34 NORTHDOWN WAY sales between October 2008 and February 2021 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 2019 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 34 NORTHDOWN WAY be worth now?

34 NORTHDOWN WAY might now be worth an estimated £383,688.

This is based on house price inflation of 9.6%, between February 2021 and June 2025, for detached 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 9.6% inflationary increase is applied to the most recent sale price for 34 NORTHDOWN WAY of £350,000 on 11th February 2021. For the value to have increased from £350,000 to £383,688 over the three years and eight months to June 2025, the following assumptions must hold true:

• The value of 34 NORTHDOWN WAY has moved in line with the HPI for detached houses in the Thanet local authority area.
• The February 2021 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 34 NORTHDOWN WAY has not materially changed since February 2021.

How Large is 34 NORTHDOWN WAY?

34 NORTHDOWN WAY is 109m² according to the EPC inspection conducted in June 2017. This puts it in the largest 50% of detached houses houses in Margate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Margate, and where 34 NORTHDOWN WAY lies on this distribution: 54% of detached houses houses are smaller than 34 NORTHDOWN WAY, and 46% of houses are larger. Note that EPC data is not available for all properties in Margate.

34 NORTHDOWN WAY: Plot and Title Map

34 NORTHDOWN WAY sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 34 NORTHDOWN WAY, 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 34 NORTHDOWN WAY). 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 34 NORTHDOWN WAY?

34 NORTHDOWN WAY is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 34 on NORTHDOWN WAY.