1, PARK VIEW, MARGATE, CT9 2AU - £595,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 PARK VIEW is a large detached house of 147m², built sometime between 1996 and 2002. It was last sold for £595,000 in July 2022, which was around 15% above the average July 2022 detached price in the Thanet local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

1 PARK VIEW Sold Prices

Land registry data shows three sales for 1 PARK VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. All of the three 1 PARK VIEW sales were for above 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
2022 15 JUL	£595,000	£515,614	15% above HPI
2007 9 FEB	£300,000	£253,354	18% above HPI
2001 19 DEC	£210,000	£142,015	48% above HPI

1 PARK VIEW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The three 1 PARK VIEW sales between December 2001 and July 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2007 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the July 2022 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 1 PARK VIEW?

1 PARK VIEW is 147m² according to the EPC inspection conducted in January 2022. This puts it in the largest 30% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 1 PARK VIEW lies on this distribution: 79% of detached houses are smaller than 1 PARK VIEW, and 21% of houses are larger. Note that EPC data is not available for all properties in Margate.

1 PARK VIEW: Plot and Title Map

1 PARK VIEW sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 1 PARK VIEW, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 PARK VIEW). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 PARK VIEW?

1 PARK VIEW is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 1 on PARK VIEW.