BASEMENT FLAT, 22, TRINITY SQUARE, MARGATE, CT9 1HR - £59,000

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.

BASEMENT FLAT is a very small terraced house of 36m², built sometime between 1900 and 1929, which could now be worth an estimated £425,856. It was last sold for £59,000 in April 1995, which was around 68% above the average April 1995 terraced price in the Thanet local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was C.

BASEMENT FLAT Sold Prices

Land registry data shows one sale for BASEMENT FLAT 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
1995 7 APR	£59,000	£35,187	68% above HPI

What might BASEMENT FLAT be worth now?

BASEMENT FLAT might now be worth an estimated £425,856.

This is based on house price inflation of 621.8%, between April 1995 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 621.8% inflationary increase is applied to the most recent sale price for BASEMENT FLAT of £59,000 on 7th April 1995. For the value to have increased from £59,000 to £425,856 over the 31 years to April 2026, the following assumptions must hold true:

• The value of BASEMENT FLAT has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The April 1995 sale price of £59,000 represented a fair market value for the property.
• The size, condition, and specification of BASEMENT FLAT has not materially changed since April 1995.

How Large is BASEMENT FLAT?

BASEMENT FLAT is 36m² according to the EPC inspection conducted in August 2018. 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 BASEMENT FLAT lies on this distribution: Less than 1% of terraced houses are smaller than BASEMENT FLAT, and more than 99% of terraced houses are larger. Note that EPC data is not available for all properties in Margate.

BASEMENT FLAT: Plot

BASEMENT FLAT sits on a plot of roughly 0.021 of an acre, or 85m².