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

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

22 MAGNOLIA AVENUE is a small detached house of 94m², built sometime between 1950 and 1966. It was last sold for £219,000 in June 2012, which was around 5% 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	£230,982	5% below HPI
1999 1 JAN	£115,000	£89,262	29% above HPI
1997 12 DEC	£52,000	£83,021	37% 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 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the June 2012 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

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 in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 22 MAGNOLIA AVENUE lies on this distribution: 38% of detached houses are smaller than 22 MAGNOLIA AVENUE, and 62% 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.