16, PRICES AVENUE, MARGATE, CT9 2NT - £260,000

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.

16 PRICES AVENUE is a very small semi-detached house of 27m², built sometime before 1900, which could now be worth an estimated £250,500. It was last sold for £260,000 in June 2023, which was around 25% below the average June 2023 semi-detached price in the Thanet local authority area. The most recent EPC inspection was May 2014, where the current energy rating was F, and the potential energy rating was C.

16 PRICES AVENUE Sold Prices

Land registry data shows two sales for 16 PRICES AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Thanet local authority area for the corresponding sale date. One of the two 16 PRICES AVENUE sales was for below the average price, whilst the other was 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
2023 29 JUN	£260,000	£345,214	25% below HPI
2007 5 APR	£215,000	£181,787	18% above HPI

16 PRICES AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Thanet local authority area over time, sourced from the HPI. The two 16 PRICES AVENUE sales from April 2007 and June 2023 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 April 2007 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 16 PRICES AVENUE be worth now?

16 PRICES AVENUE might now be worth an estimated £250,500.

This is based on house price deflation of 3.7%, between June 2023 and February 2025, for semi-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 3.7% deflationary decrease is applied to the most recent sale price for 16 PRICES AVENUE of £260,000 on 29th June 2023. For the value to have decreased from £260,000 to £250,500 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 16 PRICES AVENUE has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The June 2023 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PRICES AVENUE has not materially changed since June 2023.

How Large is 16 PRICES AVENUE?

16 PRICES AVENUE is 27m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of semi-detached houses houses in Margate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Margate, and where 16 PRICES AVENUE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 16 PRICES AVENUE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Margate.

16 PRICES AVENUE: Plot and Title Map

16 PRICES AVENUE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 16 PRICES 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 PRICES 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 PRICES AVENUE?

16 PRICES AVENUE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 16 on PRICES AVENUE.