10, GEORGE V AVENUE, MARGATE, CT9 5PX - £452,000

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.

10 GEORGE V AVENUE is a midsized extended detached house of 105m², built sometime between 1930 and 1949, which could now be worth an estimated £436,177. It was last sold for £452,000 in May 2022, which was around 11% below the average May 2022 detached price in the Thanet local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

10 GEORGE V AVENUE Sold Prices

Land registry data shows two sales for 10 GEORGE V AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. Both of the two 10 GEORGE V AVENUE 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
2022 6 MAY	£452,000	£506,730	11% below HPI
2004 10 AUG	£190,000	£239,811	21% below HPI

10 GEORGE V AVENUE 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 two 10 GEORGE V AVENUE sales from August 2004 and May 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 August 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 10 GEORGE V AVENUE be worth now?

10 GEORGE V AVENUE might now be worth an estimated £436,177.

This is based on house price deflation of 3.5%, between May 2022 and February 2025, for detached 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 3.5% deflationary decrease is applied to the most recent sale price for 10 GEORGE V AVENUE of £452,000 on 6th May 2022. For the value to have decreased from £452,000 to £436,177 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 10 GEORGE V AVENUE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The May 2022 sale price of £452,000 represented a fair market value for the property.
• The size, condition, and specification of 10 GEORGE V AVENUE has not materially changed since May 2022.

How Large is 10 GEORGE V AVENUE?

10 GEORGE V AVENUE is 105m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 50% of detached houses houses in Margate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Margate, and where 10 GEORGE V AVENUE lies on this distribution: 50% of detached houses houses are smaller than 10 GEORGE V AVENUE, and 49% of houses are larger. Note that EPC data is not available for all properties in Margate.

10 GEORGE V AVENUE: Plot and Title Map

10 GEORGE V AVENUE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 10 GEORGE V AVENUE, 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 10 GEORGE V AVENUE). 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 10 GEORGE V AVENUE?

10 GEORGE V AVENUE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 10 on GEORGE V AVENUE.