2, GAP ROAD, MARGATE, CT9 2RY - £290,000

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.

2 GAP ROAD is a small semi-detached house of 81m², built in 2020, which could now be worth an estimated £314,857. It was last sold for £290,000 in April 2021, which was around 2% below the average April 2021 semi-detached price in the Thanet local authority area. The most recent EPC inspection was January 2020, where the current energy rating was B, and the potential energy rating was A.

2 GAP ROAD Sold Prices

Land registry data shows one sale for 2 GAP ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Thanet local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 13 APR	£290,000	£296,410	2% below HPI

What might 2 GAP ROAD be worth now?

2 GAP ROAD might now be worth an estimated £314,857.

This is based on house price inflation of 8.6%, between April 2021 and April 2026, 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 8.6% inflationary increase is applied to the most recent sale price for 2 GAP ROAD of £290,000 on 13th April 2021. For the value to have increased from £290,000 to £314,857 over the five years to April 2026, the following assumptions must hold true:

• The value of 2 GAP ROAD has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The April 2021 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GAP ROAD has not materially changed since April 2021.

How Large is 2 GAP ROAD?

2 GAP ROAD is 81m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 40% of semi-detached houses in Margate, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Margate, and where 2 GAP ROAD lies on this distribution: 36% of semi-detached houses are smaller than 2 GAP ROAD, and 62% of semi-detached houses are larger. Note that EPC data is not available for all properties in Margate.

2 GAP ROAD: Plot

2 GAP ROAD sits on a plot of roughly 0.039 of an acre, or 158m².

Where is 2 GAP ROAD?

2 GAP ROAD is located in MARGATE, in the CT9 postcode district.