42, MARGATE ROAD, HERNE BAY, CT6 7BH - £317,500

42 MARGATE ROAD is a very small detached house of 62m², built sometime between 1950 and 1966. It was last sold for £317,500 in October 2017, which was around 28% below the average October 2017 detached price in the Canterbury local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

42 MARGATE ROAD Sold Prices

Land registry data shows three sales for 42 MARGATE 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 Canterbury local authority area for the corresponding sale date. All of the three 42 MARGATE 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
2017 20 OCT	£317,500	£441,599	28% below HPI
2012 7 SEP	£180,000	£305,610	41% below HPI
2009 25 SEP	£171,000	£279,070	39% below HPI

42 MARGATE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Canterbury local authority area over time, sourced from the HPI. The three 42 MARGATE ROAD sales between September 2009 and October 2017 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 September 2012 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2017 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 42 MARGATE ROAD?

42 MARGATE ROAD is 62m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of detached houses in Broomfield, based on EPC data. The below chart shows the distribution of detached houses by size in Broomfield, and where 42 MARGATE ROAD lies on this distribution: 8% of detached houses are smaller than 42 MARGATE ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Broomfield.

42 MARGATE ROAD: Plot and Title Map

42 MARGATE ROAD sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 42 MARGATE 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 42 MARGATE 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 42 MARGATE ROAD?

42 MARGATE ROAD is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 42 on MARGATE ROAD.