15, MAGNOLIA AVENUE, MARGATE, CT9 3DS - £255,000

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 MAGNOLIA AVENUE is a large extended detached house of 149m², which could now be worth an estimated £502,698. It was last sold for £255,000 in July 2010, which was around 3% above the average July 2010 detached price in the Thanet local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was D.

15 MAGNOLIA AVENUE Sold Prices

Land registry data shows two sales for 15 MAGNOLIA 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 15 MAGNOLIA AVENUE 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
2010 16 JUL	£255,000	£248,047	3% above HPI
2006 23 MAY	£267,000	£246,852	8% above HPI

15 MAGNOLIA 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 15 MAGNOLIA AVENUE sales from May 2006 and July 2010 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 2006 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2010 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 15 MAGNOLIA AVENUE be worth now?

15 MAGNOLIA AVENUE might now be worth an estimated £502,698.

This is based on house price inflation of 97.1%, between July 2010 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 97.1% inflationary increase is applied to the most recent sale price for 15 MAGNOLIA AVENUE of £255,000 on 16th July 2010. For the value to have increased from £255,000 to £502,698 over the fifteen years and five months to February 2025, the following assumptions must hold true:

• The value of 15 MAGNOLIA AVENUE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The July 2010 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MAGNOLIA AVENUE has not materially changed since July 2010.

How Large is 15 MAGNOLIA AVENUE?

15 MAGNOLIA AVENUE is 149m², which includes two extensions, according to the EPC inspection conducted in November 2009. This puts it in the largest 30% 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 MAGNOLIA AVENUE lies on this distribution: 79% of detached houses houses are smaller than 15 MAGNOLIA AVENUE, and 21% of houses are larger. Note that EPC data is not available for all properties in Margate.

15 MAGNOLIA AVENUE: Plot and Title Map

15 MAGNOLIA AVENUE sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 15 MAGNOLIA 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 MAGNOLIA 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 MAGNOLIA AVENUE?

15 MAGNOLIA AVENUE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 15 on MAGNOLIA AVENUE.