19, MILLMEAD AVENUE, MARGATE, CT9 3LP - £220,000

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

19 MILLMEAD AVENUE is a very small extended detached house of 73m², built sometime between 1930 and 1949. It was last sold for £220,000 in September 2015, which was around 27% below the average September 2015 detached price in the Thanet local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

19 MILLMEAD AVENUE Sold Prices

Land registry data shows two sales for 19 MILLMEAD 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. Both of the two 19 MILLMEAD AVENUE sales were for below 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 11 SEP	£220,000	£302,553	27% below HPI
2012 29 MAY	£166,000	£231,025	28% below HPI

19 MILLMEAD 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 19 MILLMEAD AVENUE sales from May 2012 and September 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 May 2012 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2015 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 19 MILLMEAD AVENUE?

19 MILLMEAD AVENUE is 73m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 19 MILLMEAD AVENUE lies on this distribution: 12% of detached houses are smaller than 19 MILLMEAD AVENUE, and 87% of houses are larger. Note that EPC data is not available for all properties in Margate.

19 MILLMEAD AVENUE: Plot and Title Map

19 MILLMEAD AVENUE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 19 MILLMEAD 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 19 MILLMEAD 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 19 MILLMEAD AVENUE?

19 MILLMEAD AVENUE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 19 on MILLMEAD AVENUE.