22, GEORGE V AVENUE, MARGATE, CT9 5PX - £395,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

22 GEORGE V AVENUE is a very large detached house of 151m², built sometime between 1900 and 1929, which could now be worth an estimated £575,635. It was last sold for £395,000 in May 2016, which was around 18% above the average May 2016 detached price in the Thanet local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was C.

22 GEORGE V AVENUE Sold Prices

Land registry data shows two sales for 22 GEORGE V 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. One of the two 22 GEORGE V AVENUE sales was for above the average price, whilst the other was 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
2016 27 MAY	£395,000	£335,545	18% above HPI
2002 20 SEP	£135,000	£174,379	23% below HPI

22 GEORGE V 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 22 GEORGE V AVENUE sales from September 2002 and May 2016 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 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2016 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 22 GEORGE V AVENUE be worth now?

22 GEORGE V AVENUE might now be worth an estimated £575,635.

This is based on house price inflation of 45.7%, between May 2016 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 45.7% inflationary increase is applied to the most recent sale price for 22 GEORGE V AVENUE of £395,000 on 27th May 2016. For the value to have increased from £395,000 to £575,635 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 22 GEORGE V AVENUE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The May 2016 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 22 GEORGE V AVENUE has not materially changed since May 2016.

How Large is 22 GEORGE V AVENUE?

22 GEORGE V AVENUE is 151m² according to the EPC inspection conducted in June 2015. 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 22 GEORGE V AVENUE lies on this distribution: 80% of detached houses houses are smaller than 22 GEORGE V AVENUE, and 19% of houses are larger. Note that EPC data is not available for all properties in Margate.

22 GEORGE V AVENUE: Plot and Title Map

22 GEORGE V AVENUE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 22 GEORGE V 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 22 GEORGE V 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 22 GEORGE V AVENUE?

22 GEORGE V AVENUE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 22 on GEORGE V AVENUE.