41, BUCKINGHAM ROAD, MARGATE, CT9 5SR - £201,000

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.

41 BUCKINGHAM ROAD is a midsized extended terraced house of 113m², built sometime before 1900, which could now be worth an estimated £212,615. It was last sold for £201,000 in August 2021, which was around 19% below the average August 2021 terraced price in the Thanet local authority area. The most recent EPC inspection was May 2021, where the current energy rating was F, and the potential energy rating was C.

41 BUCKINGHAM ROAD Sold Prices

Land registry data shows two sales for 41 BUCKINGHAM ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Thanet local authority area for the corresponding sale date. Both of the two 41 BUCKINGHAM 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
2021 20 AUG	£201,000	£247,122	19% below HPI
2021 30 APR	£105,000	£235,744	55% below HPI

41 BUCKINGHAM ROAD 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 two 41 BUCKINGHAM ROAD sales from April 2021 and August 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 April 2021 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the August 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 41 BUCKINGHAM ROAD be worth now?

41 BUCKINGHAM ROAD might now be worth an estimated £212,615.

This is based on house price inflation of 5.8%, between August 2021 and July 2026, 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 5.8% inflationary increase is applied to the most recent sale price for 41 BUCKINGHAM ROAD of £201,000 on 20th August 2021. For the value to have increased from £201,000 to £212,615 over the five years and one month to July 2026, the following assumptions must hold true:

• The value of 41 BUCKINGHAM ROAD has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The August 2021 sale price of £201,000 represented a fair market value for the property.
• The size, condition, and specification of 41 BUCKINGHAM ROAD has not materially changed since August 2021.

How Large is 41 BUCKINGHAM ROAD?

41 BUCKINGHAM ROAD is 113m², which includes two extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 50% 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 41 BUCKINGHAM ROAD lies on this distribution: 55% of terraced houses houses are smaller than 41 BUCKINGHAM ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Margate.

41 BUCKINGHAM ROAD: Plot and Title Map

41 BUCKINGHAM ROAD sits on a plot of roughly 0.029 of an acre, or 118m². The below map shows the location of 41 BUCKINGHAM 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 41 BUCKINGHAM 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 41 BUCKINGHAM ROAD?

41 BUCKINGHAM ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 41 on BUCKINGHAM ROAD.