18, PRINCES GARDENS, MARGATE, CT9 3AP - £124,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 PRINCES GARDENS is a very large detached house of 161m², built sometime between 1996 and 2002, which could now be worth an estimated £709,666. It was last sold for £124,500 in May 1998, which was around 45% above the average May 1998 detached price in the Thanet local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

18 PRINCES GARDENS Sold Prices

Land registry data shows three sales for 18 PRINCES GARDENS 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. All of the three 18 PRINCES GARDENS 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
1998 18 MAY	£124,500	£85,786	45% above HPI
1996 30 AUG	£90,000	£72,781	24% above HPI
1995 9 OCT	£77,000	£75,062	3% above HPI

18 PRINCES GARDENS 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 18 PRINCES GARDENS sales between October 1995 and May 1998 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 1996 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the May 1998 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 18 PRINCES GARDENS be worth now?

18 PRINCES GARDENS might now be worth an estimated £709,666.

This is based on house price inflation of 470%, between May 1998 and February 2025, for 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 470% inflationary increase is applied to the most recent sale price for 18 PRINCES GARDENS of £124,500 on 18th May 1998. For the value to have increased from £124,500 to £709,666 over the 27 years and three months to February 2025, the following assumptions must hold true:

• The value of 18 PRINCES GARDENS has moved in line with the HPI for detached houses in the Thanet local authority area.
• The May 1998 sale price of £124,500 represented a fair market value for the property.
• The size, condition, and specification of 18 PRINCES GARDENS has not materially changed since May 1998.

How Large is 18 PRINCES GARDENS?

18 PRINCES GARDENS is 161m² according to the EPC inspection conducted in September 2014. This puts it in the largest 20% of detached houses houses in Margate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Margate, and where 18 PRINCES GARDENS lies on this distribution: 84% of detached houses houses are smaller than 18 PRINCES GARDENS, and 16% of houses are larger. Note that EPC data is not available for all properties in Margate.

18 PRINCES GARDENS: Plot and Title Map

18 PRINCES GARDENS sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 18 PRINCES GARDENS, 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 PRINCES GARDENS). 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 PRINCES GARDENS?

18 PRINCES GARDENS is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 18 on PRINCES GARDENS.