51, THE RIDINGS, CLIFTONVILLE, MARGATE, CT9 3EJ - £350,000

51 THE RIDINGS is a very large detached house of 153m², built sometime between 1991 and 1995. It was last sold for £350,000 in March 2013, which was around 52% above the average March 2013 detached price in the Thanet local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

51 THE RIDINGS Sold Prices

Land registry data shows three sales for 51 THE RIDINGS 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 51 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
2013 15 MAR	£350,000	£230,600	52% above HPI
2004 27 APR	£249,950	£216,793	15% above HPI
1999 22 JUL	£155,000	£90,633	71% above HPI

51 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 three 51 THE RIDINGS sales between July 1999 and March 2013 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 April 2004 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2013 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 51 THE RIDINGS?

51 THE RIDINGS is 153m² according to the EPC inspection conducted in February 2013. 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 51 THE RIDINGS lies on this distribution: 81% of detached houses are smaller than 51 THE RIDINGS, and 18% of houses are larger. Note that EPC data is not available for all properties in Margate.

51 THE RIDINGS: Plot and Title Map

51 THE RIDINGS sits on a plot of roughly 0.201 of an acre, or 812m². The below map shows the location of 51 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 51 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 51 THE RIDINGS?

51 THE RIDINGS is located in CLIFTONVILLE, in the CT9 postcode district. The below map shows the position of No. 51 on THE RIDINGS.