4, THE PASSAGE, MARGATE, CT9 1RS - £210,000

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.

4 THE PASSAGE is a small extended terraced house of 85m², built sometime before 1900, which could now be worth an estimated £259,589. It was last sold for £210,000 in January 2020, which was about the average January 2020 terraced price in the Thanet local authority area. The most recent EPC inspection was February 2013, where the current energy rating was E, and the potential energy rating was C.

4 THE PASSAGE Sold Prices

Land registry data shows three sales for 4 THE PASSAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Thanet local authority area for the corresponding sale date. The three 4 THE PASSAGE sales were a mix of roughly equal to the average price, and 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
2020 31 JAN	£210,000	£211,000	Close to HPI
2015 6 AUG	£150,000	£160,708	7% below HPI
2002 14 AUG	£35,000	£78,241	55% below HPI

4 THE PASSAGE 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 three 4 THE PASSAGE sales between August 2002 and January 2020 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 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2020 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 4 THE PASSAGE be worth now?

4 THE PASSAGE might now be worth an estimated £259,589.

This is based on house price inflation of 23.6%, between January 2020 and June 2025, 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 23.6% inflationary increase is applied to the most recent sale price for 4 THE PASSAGE of £210,000 on 31st January 2020. For the value to have increased from £210,000 to £259,589 over the four years and seven months to June 2025, the following assumptions must hold true:

• The value of 4 THE PASSAGE has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The January 2020 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE PASSAGE has not materially changed since January 2020.

How Large is 4 THE PASSAGE?

4 THE PASSAGE is 85m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the smallest 30% 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 4 THE PASSAGE lies on this distribution: 25% of terraced houses houses are smaller than 4 THE PASSAGE, and 74% of houses are larger. Note that EPC data is not available for all properties in Margate.

4 THE PASSAGE: Plot and Title Map

4 THE PASSAGE sits on a plot of roughly 0.021 of an acre, or 83m². The below map shows the location of 4 THE PASSAGE, 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 4 THE PASSAGE). 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 4 THE PASSAGE?

4 THE PASSAGE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 4 on THE PASSAGE.