14, WELLIS GARDENS, MARGATE, CT9 5RG - £326,000

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

14 WELLIS GARDENS is a very large extended detached house of 168m², built sometime between 1900 and 1929. It was last sold for £326,000 in November 2015, which was around 6% above the average November 2015 detached price in the Thanet local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

14 WELLIS GARDENS Sold Prices

Land registry data shows two sales for 14 WELLIS GARDENS 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 14 WELLIS GARDENS sales 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
2015 19 NOV	£326,000	£306,940	6% above HPI
2003 22 OCT	£217,500	£205,076	6% above HPI

14 WELLIS GARDENS 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 14 WELLIS GARDENS sales from October 2003 and November 2015 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 October 2003 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the November 2015 sale, which was also at 6% above the HPI.

How Large is 14 WELLIS GARDENS?

14 WELLIS GARDENS is 168m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 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 14 WELLIS GARDENS lies on this distribution: 87% of detached houses are smaller than 14 WELLIS GARDENS, and 13% of houses are larger. Note that EPC data is not available for all properties in Margate.

14 WELLIS GARDENS: Plot and Title Map

14 WELLIS GARDENS sits on a plot of roughly 0.232 of an acre, or 939m². The below map shows the location of 14 WELLIS GARDENS, 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 14 WELLIS GARDENS). 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 14 WELLIS GARDENS?

14 WELLIS GARDENS is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 14 on WELLIS GARDENS.