BASEMENT FLAT, 48, DANE ROAD, MARGATE, CT9 2AA - £85,000

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 flat of 44m², built sometime before 1900, which could now be worth an estimated £113,163. It was last sold for £85,000 in December 2015, which was around 27% below the average December 2015 flat price in the Thanet local authority area. The most recent EPC inspection was November 2025, where the current energy rating was C, and the potential energy rating was C.

BASEMENT FLAT Sold Prices

Land registry data shows three sales for BASEMENT FLAT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Thanet local authority area for the corresponding sale date. All of the three BASEMENT FLAT sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 10 DEC	£85,000	£116,323	27% below HPI
2010 27 SEP	£70,000	£99,007	29% below HPI
2006 19 OCT	£80,000	£109,248	27% below HPI

What might BASEMENT FLAT be worth now?

BASEMENT FLAT might now be worth an estimated £113,163.

This is based on house price inflation of 33.1%, between December 2015 and April 2026, for flats, in the Thanet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.1% inflationary increase is applied to the most recent sale price for BASEMENT FLAT of £85,000 on 10th December 2015. For the value to have increased from £85,000 to £113,163 over the eleven years and eight months to April 2026, the following assumptions must hold true:

• The value of BASEMENT FLAT has moved in line with the HPI for flats in the Thanet local authority area.
• The December 2015 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of BASEMENT FLAT has not materially changed since December 2015.

How Large is BASEMENT FLAT?

BASEMENT FLAT is 44m² according to the EPC inspection conducted in November 2025. This puts it in the smallest 20% of flats in Margate, based on EPC data. 14% of flats are smaller than BASEMENT FLAT, and 84% of flats 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 0.032 of an acre, or 131m².