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
20 ESSEX GARDENS is a very small detached house of 69m², built sometime between 1930 and 1949. It was last sold for £480,000 in November 2022, which was around 7% below the average November 2022 detached price in the Thanet local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 20 ESSEX GARDENS since 1st 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. two of the four 20 ESSEX GARDENS sales were for below the average price, and four 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 |
---|---|---|---|
2022 15 NOV | £480,000 | £518,373 | 7% below HPI |
2016 17 NOV | £300,000 | £346,957 | 14% below HPI |
1997 31 OCT | £81,000 | £80,587 | 1% above HPI |
1996 25 JUN | £72,995 | £70,940 | 3% above HPI |
The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The four 20 ESSEX GARDENS sales between June 1996 and November 2022 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 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.
20 ESSEX GARDENS is 69m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 20 ESSEX GARDENS lies on this distribution: 8% of detached houses are smaller than 20 ESSEX GARDENS, and 91% of houses are larger. Note that EPC data is not available for all properties in Margate.
20 ESSEX GARDENS sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of 20 ESSEX 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 20 ESSEX 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.
20 ESSEX GARDENS is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 20 on ESSEX GARDENS.