45, THE RIDINGS, CLIFTONVILLE, MARGATE, CT9 3EJ - £420,000

45 THE RIDINGS is a very large detached house of 169m², built sometime between 1991 and 1995. It was last sold for £420,000 in August 2015, which was around 43% above the average August 2015 detached price in the Thanet local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

45 THE RIDINGS Sold Prices

Land registry data shows two sales for 45 THE RIDINGS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. Both of the two 45 THE RIDINGS sales were for above 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
2015 7 AUG	£420,000	£294,095	43% above HPI
2005 11 FEB	£300,000	£230,873	30% above HPI

45 THE RIDINGS 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 two 45 THE RIDINGS sales from February 2005 and August 2015 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 February 2005 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the August 2015 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 45 THE RIDINGS?

45 THE RIDINGS is 169m² according to the EPC inspection conducted in March 2014. This puts it in the largest 20% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 45 THE RIDINGS lies on this distribution: 87% of detached houses are smaller than 45 THE RIDINGS, and 13% of houses are larger. Note that EPC data is not available for all properties in Margate.

45 THE RIDINGS: Plot and Title Map

45 THE RIDINGS sits on a plot of roughly 0.129 of an acre, or 520m². The below map shows the location of 45 THE RIDINGS, 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 45 THE RIDINGS). 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 45 THE RIDINGS?

45 THE RIDINGS is located in CLIFTONVILLE, in the CT9 postcode district. The below map shows the position of No. 45 on THE RIDINGS.