51, APPROACH ROAD, MARGATE, CT9 2AP - £325,000

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.

51 APPROACH ROAD is a large terraced house of 143m², built sometime before 1900, which could now be worth an estimated £424,622. It was last sold for £325,000 in August 2017, which was around 63% above the average August 2017 terraced price in the Thanet local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

51 APPROACH ROAD Sold Prices

Land registry data shows two sales for 51 APPROACH 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 51 APPROACH ROAD 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
2017 31 AUG	£325,000	£199,632	63% above HPI
2010 16 DEC	£180,000	£132,625	36% above HPI

51 APPROACH 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 51 APPROACH ROAD sales from December 2010 and August 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 December 2010 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the August 2017 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might 51 APPROACH ROAD be worth now?

51 APPROACH ROAD might now be worth an estimated £424,622.

This is based on house price inflation of 30.7%, between August 2017 and June 2025, 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 30.7% inflationary increase is applied to the most recent sale price for 51 APPROACH ROAD of £325,000 on 31st August 2017. For the value to have increased from £325,000 to £424,622 over the eight years and two months to June 2025, the following assumptions must hold true:

• The value of 51 APPROACH ROAD has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The August 2017 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 51 APPROACH ROAD has not materially changed since August 2017.

How Large is 51 APPROACH ROAD?

51 APPROACH ROAD is 143m² according to the EPC inspection conducted in June 2010. This puts it in the largest 30% 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 51 APPROACH ROAD lies on this distribution: 78% of terraced houses houses are smaller than 51 APPROACH ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Margate.

51 APPROACH ROAD: Plot and Title Map

51 APPROACH ROAD sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 51 APPROACH 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 51 APPROACH 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 51 APPROACH ROAD?

51 APPROACH ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 51 on APPROACH ROAD.