22, MAGNOLIA AVENUE, CLIFTONVILLE, MARGATE, CT9 3DX - £219,000

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 MAGNOLIA AVENUE is a small detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £453,377. It was last sold for £219,000 in June 2012, which was around 7% below the average June 2012 detached price in the Thanet local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

22 MAGNOLIA AVENUE Sold Prices

Land registry data shows three sales for 22 MAGNOLIA 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. Two of the three 22 MAGNOLIA AVENUE sales were for below the average price, whilst one was 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
2012 21 JUN	£219,000	£236,203	7% below HPI
1999 1 JAN	£115,000	£91,280	26% above HPI
1997 12 DEC	£52,000	£84,898	39% below HPI

22 MAGNOLIA 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 22 MAGNOLIA AVENUE sales between December 1997 and June 2012 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 January 1999 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the June 2012 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 22 MAGNOLIA AVENUE be worth now?

22 MAGNOLIA AVENUE might now be worth an estimated £453,377.

This is based on house price inflation of 107%, between June 2012 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 107% inflationary increase is applied to the most recent sale price for 22 MAGNOLIA AVENUE of £219,000 on 21st June 2012. For the value to have increased from £219,000 to £453,377 over the thirteen years and four months to February 2025, the following assumptions must hold true:

• The value of 22 MAGNOLIA AVENUE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The June 2012 sale price of £219,000 represented a fair market value for the property.
• The size, condition, and specification of 22 MAGNOLIA AVENUE has not materially changed since June 2012.

How Large is 22 MAGNOLIA AVENUE?

22 MAGNOLIA AVENUE is 94m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 40% 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 MAGNOLIA AVENUE lies on this distribution: 39% of detached houses houses are smaller than 22 MAGNOLIA AVENUE, and 61% of houses are larger. Note that EPC data is not available for all properties in Margate.

22 MAGNOLIA AVENUE: Plot and Title Map

22 MAGNOLIA AVENUE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 22 MAGNOLIA 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 MAGNOLIA 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 MAGNOLIA AVENUE?

22 MAGNOLIA AVENUE is located in CLIFTONVILLE, in the CT9 postcode district. The below map shows the position of No. 22 on MAGNOLIA AVENUE.