118, PARK AVENUE, BIRCHINGTON, CT7 0DL - £130,000

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.

118 PARK AVENUE is a very small semi-detached house of 68m², built sometime between 1950 and 1966, which could now be worth an estimated £160,380. It was last sold for £130,000 in July 2018, which was around 52% below the average July 2018 semi-detached price in the Thanet local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

118 PARK AVENUE Sold Prices

Land registry data shows four sales for 118 PARK AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Thanet local authority area for the corresponding sale date. two of the four 118 PARK AVENUE sales were for below the average price, and four 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
2018 13 JUL	£130,000	£269,598	52% below HPI
2007 6 JUL	£206,000	£186,084	11% above HPI
2006 27 JUL	£202,000	£173,687	16% above HPI
2002 12 JUL	£100,000	£103,665	4% below HPI

118 PARK AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Thanet local authority area over time, sourced from the HPI. The four 118 PARK AVENUE sales between July 2002 and July 2018 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 July 2007 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2018 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 118 PARK AVENUE be worth now?

118 PARK AVENUE might now be worth an estimated £160,380.

This is based on house price inflation of 23.4%, between July 2018 and February 2025, for semi-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 23.4% inflationary increase is applied to the most recent sale price for 118 PARK AVENUE of £130,000 on 13th July 2018. For the value to have increased from £130,000 to £160,380 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 118 PARK AVENUE has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The July 2018 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 118 PARK AVENUE has not materially changed since July 2018.

How Large is 118 PARK AVENUE?

118 PARK AVENUE is 68m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of semi-detached houses houses in Margate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Margate, and where 118 PARK AVENUE lies on this distribution: 8% of semi-detached houses houses are smaller than 118 PARK AVENUE, and 92% of houses are larger. Note that EPC data is not available for all properties in Margate.

118 PARK AVENUE: Plot and Title Map

118 PARK AVENUE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 118 PARK 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 118 PARK 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 118 PARK AVENUE?

118 PARK AVENUE is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 118 on PARK AVENUE.