FLAT B, 73, APPROACH ROAD, MARGATE, CT9 2AP - £69,000

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.

FLAT B 73 APPROACH ROAD is a very small semi-detached house of 63m², built sometime between 1900 and 1929, which could now be worth an estimated £185,443. It was last sold for £69,000 in March 2003, which was around 44% below the average March 2003 semi-detached price in the Thanet local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

FLAT B 73 APPROACH ROAD Sold Prices

Land registry data shows three sales for FLAT B 73 APPROACH ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Thanet local authority area for the corresponding sale date. All of the three FLAT B 73 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
2003 3 MAR	£69,000	£123,755	44% below HPI
2000 8 SEP	£39,000	£75,062	48% below HPI
1999 10 MAY	£33,500	£57,160	41% below HPI

FLAT B 73 APPROACH ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Thanet local authority area over time, sourced from the HPI. The three FLAT B 73 APPROACH ROAD sales between May 1999 and March 2003 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 September 2000 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the March 2003 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might FLAT B 73 APPROACH ROAD be worth now?

FLAT B 73 APPROACH ROAD might now be worth an estimated £185,443.

This is based on house price inflation of 168.8%, between March 2003 and February 2025, for semi-detached 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 168.8% inflationary increase is applied to the most recent sale price for FLAT B 73 APPROACH ROAD of £69,000 on 3rd March 2003. For the value to have increased from £69,000 to £185,443 over the 22 years and one month to February 2025, the following assumptions must hold true:

• The value of FLAT B 73 APPROACH ROAD has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The March 2003 sale price of £69,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT B 73 APPROACH ROAD has not materially changed since March 2003.

How Large is FLAT B 73 APPROACH ROAD?

FLAT B 73 APPROACH ROAD is 63m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% of semi-detached houses houses in Margate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Margate, and where FLAT B 73 APPROACH ROAD lies on this distribution: 6% of semi-detached houses houses are smaller than FLAT B 73 APPROACH ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Margate.

FLAT B 73 APPROACH ROAD: Plot and Title Map

FLAT B 73 APPROACH ROAD sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of FLAT B 73 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 FLAT B 73 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 FLAT B 73 APPROACH ROAD?

FLAT B, 73 APPROACH ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 73 on APPROACH ROAD.