42, Holly Lane
42, Holly Lane
Description & Estimates
Public records show 42, Holly Lane, Margate to be a period freehold house with 1,862 ft2 of internal area, sitting on a 1,434 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
42, Holly Lane, Margate has an estimated sale value of £262,358 and an estimated rental value of £1,367 per month, assuming reasonable condition and based on the information available.
Holly Lane, Margate, CT9 lies in the borough of Thanet, within the CT9 postal district.
Our Data Sources
42, Holly Lane, Margate has a single entry in the Land Registry from August 2022 and a single entry in the EPC database dated October 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 42, Holly Lane, Margate would be worth £275,476, with a potential rental value of £1,436 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £243,993, with a rental value of £1,272 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 42, Holly Lane, Margate has dropped by £12,744 (4.9%) over the last year. During the same period, its estimated monthly rental value has risen by £15 (1.1%). The property's estimated gross yield is currently 6.3%.
Plot Size
42, Holly Lane, Margate occupies a 1,434 m2 plot as recorded by HM Land Registry.
Of the 14 other houses in this postcode, 13 have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
42, Holly Lane, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Oct 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
42, Holly Lane, Margate last changed hands on 19th August 2022, selling for £300,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 21.8% since August 2022.
- Sold Aug 2022£300,000
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 590 metres of 42, Holly Lane, Margate across the last 2 years.
Most recently, 40, Holly Lane, Margate, CT9 3ND, a freehold house, sold at £645,000 on the 20th May 2016.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 42, Holly Lane, Margate as the 14th largest and the 51st most expensive of the 51 addresses on Holly Lane, Margate, CT9.
Against the CT9 postcode district average, it is £4k less expensive than the typical property.
More reading links
Schools Nearby
- 400mNorthdown Primary School
- 400mCliftonville Primary School
- 900mPalm Bay Primary School
- 2.5kmDane Court Grammar School
- 2.6kmThe Charles Dickens School
- 3.0kmHartsdown Academy
More reading links
Public Transport Nearby
Margate station is the nearest stop to 42, Holly Lane, Margate at 2.8 kilometres away.
- 2.8kmMargate
- 2.9kmBroadstairs
- 4.3kmDumpton Park
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
