15, GRENHAM BAY AVENUE, BIRCHINGTON, CT7 9NN - £385,000

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.

15 GRENHAM BAY AVENUE is a very small detached house of 70m², built sometime between 1950 and 1966, which could now be worth an estimated £452,483. It was last sold for £385,000 in September 2020, which was around 7% below the average September 2020 detached price in the Thanet local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

15 GRENHAM BAY AVENUE Sold Prices

Land registry data shows three sales for 15 GRENHAM BAY 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. One of the three 15 GRENHAM BAY AVENUE sales was for below the average price, whilst two 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
2020 9 SEP	£385,000	£416,063	7% below HPI
1999 3 SEP	£125,000	£98,036	28% above HPI
1997 28 OCT	£95,000	£82,408	15% above HPI

15 GRENHAM BAY 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 15 GRENHAM BAY AVENUE sales between October 1997 and September 2020 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 September 1999 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the September 2020 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 15 GRENHAM BAY AVENUE be worth now?

15 GRENHAM BAY AVENUE might now be worth an estimated £452,483.

This is based on house price inflation of 17.5%, between September 2020 and February 2025, 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 17.5% inflationary increase is applied to the most recent sale price for 15 GRENHAM BAY AVENUE of £385,000 on 9th September 2020. For the value to have increased from £385,000 to £452,483 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 15 GRENHAM BAY AVENUE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The September 2020 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 15 GRENHAM BAY AVENUE has not materially changed since September 2020.

How Large is 15 GRENHAM BAY AVENUE?

15 GRENHAM BAY AVENUE is 70m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% 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 15 GRENHAM BAY AVENUE lies on this distribution: 9% of detached houses houses are smaller than 15 GRENHAM BAY AVENUE, and 90% of houses are larger. Note that EPC data is not available for all properties in Margate.

15 GRENHAM BAY AVENUE: Plot and Title Map

15 GRENHAM BAY AVENUE sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 15 GRENHAM BAY 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 15 GRENHAM BAY 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 15 GRENHAM BAY AVENUE?

15 GRENHAM BAY AVENUE is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 15 on GRENHAM BAY AVENUE.