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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

119 PARK AVENUE is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £327,500 in December 2022, which was around 37% 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	£518,552	37% below HPI
2014 10 JAN	£237,000	£252,382	6% below HPI
2004 4 JUN	£171,000	£223,688	24% 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 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2022 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

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 in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 119 PARK AVENUE lies on this distribution: 18% of detached 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.