17, MAGNOLIA AVENUE, MARGATE, CT9 3DS - £345,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

17 MAGNOLIA AVENUE is a large extended detached house of 124m², built sometime between 1967 and 1975. It was last sold for £345,000 in November 2018, which was around 14% below the average November 2018 detached price in the Thanet local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

17 MAGNOLIA AVENUE Sold Prices

Land registry data shows three sales for 17 MAGNOLIA 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. One of the three 17 MAGNOLIA AVENUE sales was for below the average price, whilst two 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
2018 30 NOV	£345,000	£399,951	14% below HPI
2001 29 AUG	£158,000	£134,982	17% above HPI
1999 10 NOV	£112,000	£98,392	14% above HPI

17 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 three 17 MAGNOLIA AVENUE sales between November 1999 and November 2018 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 August 2001 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 17 MAGNOLIA AVENUE?

17 MAGNOLIA AVENUE is 124m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the largest 40% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 17 MAGNOLIA AVENUE lies on this distribution: 66% of detached houses are smaller than 17 MAGNOLIA AVENUE, and 33% of houses are larger. Note that EPC data is not available for all properties in Margate.

17 MAGNOLIA AVENUE: Plot and Title Map

17 MAGNOLIA AVENUE sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 17 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 17 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 17 MAGNOLIA AVENUE?

17 MAGNOLIA AVENUE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 17 on MAGNOLIA AVENUE.