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 PRINCESS MARGARET AVENUE is a midsized detached house of 113m², built sometime between 1950 and 1966. It was last sold for £225,000 in October 2011, which was around 5% below the average October 2011 detached price in the Thanet local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows five sales for 20 PRINCESS MARGARET AVENUE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. Most of the five 20 PRINCESS MARGARET 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 |
---|---|---|---|
2011 17 OCT | £225,000 | £236,070 | 5% below HPI |
2002 30 SEP | £182,500 | £170,525 | 7% above HPI |
1999 12 NOV | £93,000 | £98,392 | 5% below HPI |
1999 5 FEB | £80,000 | £87,292 | 8% below HPI |
1995 25 JAN | £66,000 | £69,389 | 5% below HPI |
The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The five 20 PRINCESS MARGARET AVENUE sales between January 1995 and October 2011 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 September 2002 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2011 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.
20 PRINCESS MARGARET AVENUE is 113m² according to the EPC inspection conducted in February 2011. This puts it in the largest 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 20 PRINCESS MARGARET AVENUE lies on this distribution: 57% of detached houses are smaller than 20 PRINCESS MARGARET AVENUE, and 42% of houses are larger. Note that EPC data is not available for all properties in Margate.
20 PRINCESS MARGARET AVENUE sits on a plot of roughly 0.163 of an acre, or 658m². The below map shows the location of 20 PRINCESS MARGARET 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 20 PRINCESS MARGARET 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.
20 PRINCESS MARGARET AVENUE is located in CLIFTONVILLE, in the CT9 postcode district. The below map shows the position of No. 20 on PRINCESS MARGARET AVENUE.