2A, FARLEY ROAD, MARGATE, CT9 4EP - £240,000

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.

2A FARLEY ROAD is a large extended detached house of 126m², built sometime between 1967 and 1975, which could now be worth an estimated £340,482. It was last sold for £240,000 in June 2016, which was around 29% below the average June 2016 detached price in the Thanet local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

2A FARLEY ROAD Sold Prices

Land registry data shows one sale for 2A FARLEY ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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
2016 20 JUN	£240,000	£338,282	29% below HPI

What might 2A FARLEY ROAD be worth now?

2A FARLEY ROAD might now be worth an estimated £340,482.

This is based on house price inflation of 41.9%, between June 2016 and May 2026, for 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 41.9% inflationary increase is applied to the most recent sale price for 2A FARLEY ROAD of £240,000 on 20th June 2016. For the value to have increased from £240,000 to £340,482 over the ten years and one month to May 2026, the following assumptions must hold true:

• The value of 2A FARLEY ROAD has moved in line with the HPI for detached houses in the Thanet local authority area.
• The June 2016 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 2A FARLEY ROAD has not materially changed since June 2016.

How Large is 2A FARLEY ROAD?

2A FARLEY ROAD is 126m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 40% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 2A FARLEY ROAD lies on this distribution: 66% of detached houses are smaller than 2A FARLEY ROAD, and 33% of detached houses are larger. Note that EPC data is not available for all properties in Margate.

2A FARLEY ROAD: Plot

2A FARLEY ROAD sits on a plot of roughly 0.068 of an acre, or 276m².

Where is 2A FARLEY ROAD?

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