8 Oak Tree Grove, Margate, CT9 5LF is a freehold semi-detached property built between 1967-1975. The property offers approximately 947 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £323,804 , which equates to approximately £342 per square foot. It was last sold on 8 Jan 2021 for £293,000. Since then, the value has increased by £30,804, representing a 10.5% increase, or approximately 2.1% per year.

The current estimated value of £323,804 is:

  • 7.7% lower than the average property price on Oak Tree Grove
  • 5.5% lower than the average in the CT9 5LF postcode area
  • and 18.7% higher than the average price for Margate as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 20 August 2020, the property was recorded as owner-occupied.

View sold house prices in CT9 5LF

Building approximate location

About Property

Type
Semi-Detached House
Built
1967-1975
Interior Size
947 sq ft
Tenure
Freehold
Price (estimate)
£323,804
Price Per sq ft (estimate)
£342
Bedroom Count (estimate)
3 bedrooms

EPC Summary

8 Oak Tree Grove, Margate, Thanet, Kent, CT9 5LF has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 20 Aug 2020.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Gas instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 2 Apr 2012, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 7.7%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from from main system to gas instantaneous at point of use, with no change in energy efficiency (good).
  • The roof construction or insulation changed from pitched, 300+ mm loft insulation to pitched, 300 mm loft insulation, with no change in energy efficiency (very good).
  • The wall energy efficiency changing from good to average, with the construction or insulation remaining cavity wall, filled cavity.
  • The lighting was updated from low energy lighting in 21% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
Gas instantaneous at point of use
Good
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Sale History

Today
£323,804
streetscan.co.uk estimate
+11 %
8 Jan 2021
£293,000
Leasehold
+280.5 %
31 Jan 2000
£77,000
Leasehold

Area Insights

Similar Properties Sold Nearby

4 Oak Tree Grove, Margate, CT9 5LF
rooms: 4
size: 928 sq ft
sale price: £201,000
sale date: 31 Jul 2015
11 Oak Tree Grove, Margate, CT9 5LF
rooms: 4
size: 928 sq ft
sale price: £166,000
sale date: 10 Dec 2009

Data Sources

The property at 8 Oak Tree Grove, Margate, CT9 5LF appears two times in the Land Registry records, with the latest transaction recorded on 8 Jan 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Aug 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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