5, CEDAR CLOSE, MARGATE, CT9 2TS - £185,000

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.

5 CEDAR CLOSE is a very small terraced house of 63m², built sometime between 1967 and 1975, which could now be worth an estimated £212,122. It was last sold for £185,000 in October 2020, which was around 16% below the average October 2020 terraced price in the Thanet local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

5 CEDAR CLOSE Sold Prices

Land registry data shows one sale for 5 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
2020 2 OCT	£185,000	£221,503	16% below HPI

What might 5 CEDAR CLOSE be worth now?

5 CEDAR CLOSE might now be worth an estimated £212,122.

This is based on house price inflation of 14.7%, between October 2020 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 14.7% inflationary increase is applied to the most recent sale price for 5 CEDAR CLOSE of £185,000 on 2nd October 2020. For the value to have increased from £185,000 to £212,122 over the six years and six months to April 2026, the following assumptions must hold true:

• The value of 5 CEDAR CLOSE has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The October 2020 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CEDAR CLOSE has not materially changed since October 2020.

How Large is 5 CEDAR CLOSE?

5 CEDAR CLOSE is 63m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% of terraced houses in Margate, based on EPC data. The below chart shows the distribution of terraced houses by size in Margate, and where 5 CEDAR CLOSE lies on this distribution: 9% of terraced houses are smaller than 5 CEDAR CLOSE, and 90% of terraced houses are larger. Note that EPC data is not available for all properties in Margate.

5 CEDAR CLOSE: Plot

5 CEDAR CLOSE sits on a plot of roughly 0.027 of an acre, or 110m².

Where is 5 CEDAR CLOSE?

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