9, OCEAN CLOSE, BIRCHINGTON, CT7 9HX - £315,000

9 OCEAN CLOSE is a small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £315,000 in November 2014, which was around 10% above the average November 2014 detached price in the Thanet local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

9 OCEAN CLOSE Sold Prices

Land registry data shows two sales for 9 OCEAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. One of the two 9 OCEAN CLOSE sales was for above the average price, whilst the other was 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 12 NOV	£315,000	£286,726	10% above HPI
2014 28 FEB	£240,000	£255,417	6% below HPI

9 OCEAN 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 two 9 OCEAN CLOSE sales from February 2014 and November 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 February 2014 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2014 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 9 OCEAN CLOSE?

9 OCEAN CLOSE is 83m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 30% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 9 OCEAN CLOSE lies on this distribution: 23% of detached houses are smaller than 9 OCEAN CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Margate.

9 OCEAN CLOSE: Plot and Title Map

9 OCEAN CLOSE sits on a plot of roughly 0.178 of an acre, or 721m². The below map shows the location of 9 OCEAN 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 9 OCEAN 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 9 OCEAN CLOSE?

9 OCEAN CLOSE is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 9 on OCEAN CLOSE.