15, PRINCES GARDENS, MARGATE, CT9 3AP - £320,000

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 PRINCES GARDENS is a very large extended detached house of 242m², built sometime between 1930 and 1949, which could now be worth an estimated £613,232. It was last sold for £320,000 in November 2006, which was around 25% above the average November 2006 detached price in the Thanet local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

15 PRINCES GARDENS Sold Prices

Land registry data shows two sales for 15 PRINCES 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 15 PRINCES 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
2006 10 NOV	£320,000	£255,168	25% above HPI
2001 27 NOV	£185,000	£140,221	32% above HPI

15 PRINCES 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 15 PRINCES GARDENS sales from November 2001 and November 2006 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 November 2001 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the November 2006 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 15 PRINCES GARDENS be worth now?

15 PRINCES GARDENS might now be worth an estimated £613,232.

This is based on house price inflation of 91.6%, between November 2006 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 91.6% inflationary increase is applied to the most recent sale price for 15 PRINCES GARDENS of £320,000 on 10th November 2006. For the value to have increased from £320,000 to £613,232 over the nineteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 15 PRINCES GARDENS has moved in line with the HPI for detached houses in the Thanet local authority area.
• The November 2006 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PRINCES GARDENS has not materially changed since November 2006.

How Large is 15 PRINCES GARDENS?

15 PRINCES GARDENS is 242m², which includes three extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 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 PRINCES GARDENS lies on this distribution: 96% of detached houses houses are smaller than 15 PRINCES GARDENS, and 4% of houses are larger. Note that EPC data is not available for all properties in Margate.

15 PRINCES GARDENS: Plot and Title Map

15 PRINCES GARDENS sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 15 PRINCES 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 15 PRINCES 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 15 PRINCES GARDENS?

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