16, PARK AVENUE, BIRCHINGTON, CT7 0DJ - £467,500

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

16 PARK AVENUE is a very large detached house of 154m², built sometime between 1900 and 1929. It was last sold for £467,500 in January 2021, which was around 8% above the average January 2021 detached price in the Thanet local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was D.

16 PARK AVENUE Sold Prices

Land registry data shows three sales for 16 PARK 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. Two of the three 16 PARK AVENUE sales were for above the average price, whilst one was for below 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
2021 21 JAN	£467,500	£432,015	8% above HPI
2016 15 JUL	£370,000	£335,200	10% above HPI
1995 13 SEP	£55,000	£72,620	24% below HPI

16 PARK 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 16 PARK AVENUE sales between September 1995 and January 2021 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 July 2016 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2021 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 16 PARK AVENUE?

16 PARK AVENUE is 154m² according to the EPC inspection conducted in October 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 16 PARK AVENUE lies on this distribution: 82% of detached houses are smaller than 16 PARK AVENUE, and 18% of houses are larger. Note that EPC data is not available for all properties in Margate.

16 PARK AVENUE: Plot and Title Map

16 PARK AVENUE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 16 PARK 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 16 PARK 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 16 PARK AVENUE?

16 PARK AVENUE is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 16 on PARK AVENUE.