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

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

15 PRINCES GARDENS is a very large extended detached house of 242m², built sometime between 1930 and 1949. It was last sold for £320,000 in November 2006, which was around 28% 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	£249,528	28% above HPI
2001 27 NOV	£185,000	£137,122	35% 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 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the November 2006 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

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 in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 15 PRINCES GARDENS lies on this distribution: 96% of detached 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.