45, CEDAR CLOSE, MARGATE, CT9 2TT - £205,000

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.

45 CEDAR CLOSE is a very small terraced house of 64m², built sometime between 1950 and 1966, which could now be worth an estimated £248,467. It was last sold for £205,000 in January 2019, which was around 2% below the average January 2019 terraced price in the Thanet local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

45 CEDAR CLOSE Sold Prices

Land registry data shows one sale for 45 CEDAR CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2019 31 JAN	£205,000	£209,545	2% below HPI

What might 45 CEDAR CLOSE be worth now?

45 CEDAR CLOSE might now be worth an estimated £248,467.

This is based on house price inflation of 21.2%, between January 2019 and April 2026, for terraced 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 21.2% inflationary increase is applied to the most recent sale price for 45 CEDAR CLOSE of £205,000 on 31st January 2019. For the value to have increased from £205,000 to £248,467 over the six years and nine months to April 2026, the following assumptions must hold true:

• The value of 45 CEDAR CLOSE has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The January 2019 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 45 CEDAR CLOSE has not materially changed since January 2019.

How Large is 45 CEDAR CLOSE?

45 CEDAR CLOSE is 64m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of terraced houses in Margate, based on EPC data. The below chart shows the distribution of terraced houses by size in Margate, and where 45 CEDAR CLOSE lies on this distribution: 10% of terraced houses are smaller than 45 CEDAR CLOSE, and 89% of terraced houses are larger. Note that EPC data is not available for all properties in Margate.

45 CEDAR CLOSE: Plot

45 CEDAR CLOSE sits on a plot of roughly 0.023 of an acre, or 93m².

Where is 45 CEDAR CLOSE?

45 CEDAR CLOSE is located in MARGATE, in the CT9 postcode district.