5, DRAPERS VIEW, MARGATE, CT9 2UL - £360,000

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 DRAPERS VIEW is a very small detached house of 73m², built in 2023, which could now be worth an estimated £354,829. It was last sold for £360,000 in January 2024, which was around 27% below the average January 2024 detached price in the Thanet local authority area. The most recent EPC inspection was March 2023, where the current energy rating was B, and the potential energy rating was A.

5 DRAPERS VIEW Sold Prices

Land registry data shows one sale for 5 DRAPERS VIEW 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
2024 24 JAN	£360,000	£489,833	27% below HPI

What might 5 DRAPERS VIEW be worth now?

5 DRAPERS VIEW might now be worth an estimated £354,829.

This is based on house price deflation of 1.4%, between January 2024 and July 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 1.4% deflationary decrease is applied to the most recent sale price for 5 DRAPERS VIEW of £360,000 on 24th January 2024. For the value to have decreased from £360,000 to £354,829 over the one year and six months to July 2026, the following assumptions must hold true:

• The value of 5 DRAPERS VIEW has moved in line with the HPI for detached houses in the Thanet local authority area.
• The January 2024 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 5 DRAPERS VIEW has not materially changed since January 2024.

How Large is 5 DRAPERS VIEW?

5 DRAPERS VIEW is 73m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 20% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 5 DRAPERS VIEW lies on this distribution: 11% of detached houses are smaller than 5 DRAPERS VIEW, and 87% of detached houses are larger. Note that EPC data is not available for all properties in Margate.

5 DRAPERS VIEW: Plot

5 DRAPERS VIEW sits on a plot of roughly 0.105 of an acre, or 424m².

Where is 5 DRAPERS VIEW?

5 DRAPERS VIEW is located in MARGATE, in the CT9 postcode district.