6, APPROACH ROAD, MARGATE, CT9 2AN - £208,000

6 APPROACH ROAD is a midsized extended detached house of 102m², built sometime between 1950 and 1966. It was last sold for £208,000 in January 2015, which was around 27% below the average January 2015 detached price in the Thanet local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was B.

6 APPROACH ROAD Sold Prices

Land registry data shows three sales for 6 APPROACH ROAD 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 6 APPROACH ROAD 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
2015 23 JAN	£208,000	£283,259	27% below HPI
2014 26 JUN	£120,000	£268,782	55% below HPI
2012 3 SEP	£140,000	£243,496	43% below HPI

6 APPROACH ROAD 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 6 APPROACH ROAD sales between September 2012 and January 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 June 2014 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the January 2015 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 6 APPROACH ROAD?

6 APPROACH ROAD is 102m², which includes one extension, according to the EPC inspection conducted in September 2015. 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 6 APPROACH ROAD lies on this distribution: 48% of detached houses are smaller than 6 APPROACH ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Margate.

6 APPROACH ROAD: Plot and Title Map

6 APPROACH ROAD sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of 6 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 6 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 6 APPROACH ROAD?

6 APPROACH ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 6 on APPROACH ROAD.