2, ALICIA AVENUE, MARGATE, CT9 5JY - £345,000

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

2 ALICIA AVENUE is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £345,000 in September 2021, which was around 25% below the average September 2021 detached price in the Thanet local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

2 ALICIA AVENUE Sold Prices

Land registry data shows three sales for 2 ALICIA 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. All of the three 2 ALICIA 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
2021 9 SEP	£345,000	£457,735	25% below HPI
2018 12 JUN	£279,950	£393,239	29% below HPI
2004 13 JAN	£190,000	£211,736	10% below HPI

2 ALICIA 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 2 ALICIA AVENUE sales between January 2004 and September 2021 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 June 2018 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 ALICIA AVENUE?

2 ALICIA AVENUE is 75m² according to the EPC inspection conducted in March 2018. 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 2 ALICIA AVENUE lies on this distribution: 14% of detached houses are smaller than 2 ALICIA AVENUE, and 85% of houses are larger. Note that EPC data is not available for all properties in Margate.

2 ALICIA AVENUE: Plot and Title Map

2 ALICIA AVENUE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 2 ALICIA 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 2 ALICIA 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 2 ALICIA AVENUE?

2 ALICIA AVENUE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 2 on ALICIA AVENUE.