17, OMER AVENUE, MARGATE, CT9 3BU - £300,000

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

17 OMER AVENUE is a large detached house of 141m², built sometime between 1930 and 1949. It was last sold for £300,000 in October 2015, which was around 2% below the average October 2015 detached price in the Thanet local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

17 OMER AVENUE Sold Prices

Land registry data shows two sales for 17 OMER AVENUE 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. One of the two 17 OMER 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
2015 23 OCT	£300,000	£306,637	2% below HPI
1997 21 NOV	£116,000	£81,574	42% above HPI

17 OMER 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 two 17 OMER AVENUE sales from November 1997 and October 2015 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 1997 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the October 2015 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 17 OMER AVENUE?

17 OMER AVENUE is 141m² according to the EPC inspection conducted in November 2013. This puts it in the largest 30% 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 OMER AVENUE lies on this distribution: 76% of detached houses are smaller than 17 OMER AVENUE, and 23% of houses are larger. Note that EPC data is not available for all properties in Margate.

17 OMER AVENUE: Plot and Title Map

17 OMER AVENUE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 17 OMER 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 OMER 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 OMER AVENUE?

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