18, MAGNOLIA AVENUE, CLIFTONVILLE, MARGATE, CT9 3DX - £290,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 MAGNOLIA AVENUE is a midsized extended detached house of 98m², built sometime between 1967 and 1975. It was last sold for £290,000 in May 2019, which was around 25% below the average May 2019 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 B.

18 MAGNOLIA AVENUE Sold Prices

Land registry data shows four sales for 18 MAGNOLIA AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. Most of the four 18 MAGNOLIA AVENUE 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
2019 16 MAY	£290,000	£388,166	25% below HPI
2002 19 APR	£170,000	£149,387	14% above HPI
2001 6 JUL	£152,500	£130,224	17% above HPI
1999 2 MAR	£90,000	£88,732	1% above HPI

18 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 four 18 MAGNOLIA AVENUE sales between March 1999 and May 2019 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 2002 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the May 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 18 MAGNOLIA AVENUE?

18 MAGNOLIA AVENUE is 98m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 50% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 18 MAGNOLIA AVENUE lies on this distribution: 43% of detached houses are smaller than 18 MAGNOLIA AVENUE, and 56% of houses are larger. Note that EPC data is not available for all properties in Margate.

18 MAGNOLIA AVENUE: Plot and Title Map

18 MAGNOLIA AVENUE sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of 18 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 18 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 18 MAGNOLIA AVENUE?

18 MAGNOLIA AVENUE is located in CLIFTONVILLE, in the CT9 postcode district. The below map shows the position of No. 18 on MAGNOLIA AVENUE.