127, PARK AVENUE, BIRCHINGTON, CT7 0DL - £310,000

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

127 PARK AVENUE is a large extended detached house of 129m², built sometime between 1950 and 1966. It was last sold for £310,000 in November 2019, which was around 22% below the average November 2019 detached price in the Thanet local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

127 PARK AVENUE Sold Prices

Land registry data shows two sales for 127 PARK 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 127 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
2019 15 NOV	£310,000	£397,867	22% below HPI
2005 3 MAY	£205,000	£234,627	13% below HPI

127 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 two 127 PARK AVENUE sales from May 2005 and November 2019 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 May 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 127 PARK AVENUE?

127 PARK AVENUE is 129m², which includes one extension, according to the EPC inspection conducted in July 2019. 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 127 PARK AVENUE lies on this distribution: 70% of detached houses are smaller than 127 PARK AVENUE, and 30% of houses are larger. Note that EPC data is not available for all properties in Margate.

127 PARK AVENUE: Plot and Title Map

127 PARK AVENUE sits on a plot of roughly 0.082 of an acre, or 334m². The below map shows the location of 127 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 127 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 127 PARK AVENUE?

127 PARK AVENUE is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 127 on PARK AVENUE.