119, PARK AVENUE, BIRCHINGTON, CT7 0DL - £327,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

119 PARK AVENUE is a very small detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £293,862. It was last sold for £327,500 in December 2022, which was around 38% below the average December 2022 detached price in the Thanet local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

119 PARK AVENUE Sold Prices

Land registry data shows three sales for 119 PARK AVENUE 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 119 PARK 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 1 DEC	£327,500	£530,271	38% below HPI
2014 10 JAN	£237,000	£258,086	8% below HPI
2004 4 JUN	£171,000	£228,743	25% below HPI

119 PARK 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 three 119 PARK AVENUE sales between June 2004 and December 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 January 2014 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2022 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 119 PARK AVENUE be worth now?

119 PARK AVENUE might now be worth an estimated £293,862.

This is based on house price deflation of 10.3%, between December 2022 and December 2024, 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 10.3% deflationary decrease is applied to the most recent sale price for 119 PARK AVENUE of £327,500 on 1st December 2022. For the value to have decreased from £327,500 to £293,862 over the two years to December 2024, the following assumptions must hold true:

• The value of 119 PARK AVENUE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The December 2022 sale price of £327,500 represented a fair market value for the property.
• The size, condition, and specification of 119 PARK AVENUE has not materially changed since December 2022.

How Large is 119 PARK AVENUE?

119 PARK AVENUE is 78m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 20% 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 119 PARK AVENUE lies on this distribution: 18% of detached houses houses are smaller than 119 PARK AVENUE, and 81% of houses are larger. Note that EPC data is not available for all properties in Margate.

119 PARK AVENUE: Plot and Title Map

119 PARK AVENUE sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 119 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 119 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 119 PARK AVENUE?

119 PARK AVENUE is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 119 on PARK AVENUE.