5, GORDON GROVE, WESTGATE-ON-SEA, CT8 8NS - £355,000

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.

5 GORDON GROVE is a midsized detached house of 116m², built sometime between 1967 and 1975, which could now be worth an estimated £497,519. It was last sold for £355,000 in September 2016, which was around 2% above the average September 2016 detached price in the Thanet local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

5 GORDON GROVE Sold Prices

Land registry data shows three sales for 5 GORDON GROVE 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. One of the three 5 GORDON GROVE sales was for above the average price, whilst two 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
2016 13 SEP	£355,000	£348,915	2% above HPI
2011 20 DEC	£205,000	£245,468	16% below HPI
1999 26 JUL	£91,500	£92,681	1% below HPI

5 GORDON GROVE 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 5 GORDON GROVE sales between July 1999 and September 2016 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 December 2011 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2016 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 5 GORDON GROVE be worth now?

5 GORDON GROVE might now be worth an estimated £497,519.

This is based on house price inflation of 40.1%, between September 2016 and February 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 40.1% inflationary increase is applied to the most recent sale price for 5 GORDON GROVE of £355,000 on 13th September 2016. For the value to have increased from £355,000 to £497,519 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 GORDON GROVE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The September 2016 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GORDON GROVE has not materially changed since September 2016.

How Large is 5 GORDON GROVE?

5 GORDON GROVE is 116m² according to the EPC inspection conducted in March 2015. This puts it in the largest 40% 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 5 GORDON GROVE lies on this distribution: 60% of detached houses houses are smaller than 5 GORDON GROVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Margate.

5 GORDON GROVE: Plot and Title Map

5 GORDON GROVE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 5 GORDON GROVE, 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 5 GORDON GROVE). 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 5 GORDON GROVE?

5 GORDON GROVE is located in WESTGATE-ON-SEA, in the CT8 postcode district. The below map shows the position of No. 5 on GORDON GROVE.