5, MELSETTER CLOSE, BIRCHINGTON, CT7 9AR - £200,000

5 MELSETTER CLOSE is a midsized detached house of 99m², built sometime between 1967 and 1975. It was last sold for £200,000 in August 2014, which was around 26% below the average August 2014 detached price in the Thanet local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was C.

5 MELSETTER CLOSE Sold Prices

Land registry data shows three sales for 5 MELSETTER CLOSE 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. All of the three 5 MELSETTER CLOSE 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
2014 29 AUG	£200,000	£268,484	26% below HPI
2001 7 DEC	£110,000	£142,015	23% below HPI
1996 13 DEC	£58,500	£73,061	20% below HPI

5 MELSETTER CLOSE 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 MELSETTER CLOSE sales between December 1996 and August 2014 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 2001 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2014 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 5 MELSETTER CLOSE?

5 MELSETTER CLOSE is 99m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 50% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 5 MELSETTER CLOSE lies on this distribution: 45% of detached houses are smaller than 5 MELSETTER CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Margate.

5 MELSETTER CLOSE: Plot and Title Map

5 MELSETTER CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 5 MELSETTER CLOSE, 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 MELSETTER CLOSE). 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 MELSETTER CLOSE?

5 MELSETTER CLOSE is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 5 on MELSETTER CLOSE.