24, MAGNOLIA AVENUE, CLIFTONVILLE, MARGATE, CT9 3DX - £250,000

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.

24 MAGNOLIA AVENUE is a small detached house of 88m², built sometime between 1967 and 1975, which could now be worth an estimated £440,118. It was last sold for £250,000 in October 2007, which was around 10% below the average October 2007 detached price in the Thanet local authority area. The most recent EPC inspection was December 2024, where the current energy rating was D, and the potential energy rating was B.

24 MAGNOLIA AVENUE Sold Prices

Land registry data shows two sales for 24 MAGNOLIA 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 24 MAGNOLIA AVENUE sales was for below the average price, whilst the other 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
2007 12 OCT	£250,000	£277,761	10% below HPI
1995 19 MAY	£78,000	£72,657	7% above HPI

24 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 two 24 MAGNOLIA AVENUE sales from May 1995 and October 2007 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 May 1995 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2007 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 24 MAGNOLIA AVENUE be worth now?

24 MAGNOLIA AVENUE might now be worth an estimated £440,118.

This is based on house price inflation of 76%, between October 2007 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 76% inflationary increase is applied to the most recent sale price for 24 MAGNOLIA AVENUE of £250,000 on 12th October 2007. For the value to have increased from £250,000 to £440,118 over the eighteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 24 MAGNOLIA AVENUE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The October 2007 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MAGNOLIA AVENUE has not materially changed since October 2007.

How Large is 24 MAGNOLIA AVENUE?

24 MAGNOLIA AVENUE is 88m² according to the EPC inspection conducted in December 2024. This puts it in the smallest 30% 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 24 MAGNOLIA AVENUE lies on this distribution: 29% of detached houses houses are smaller than 24 MAGNOLIA AVENUE, and 70% of houses are larger. Note that EPC data is not available for all properties in Margate.

24 MAGNOLIA AVENUE: Plot and Title Map

24 MAGNOLIA AVENUE sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of 24 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 24 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 24 MAGNOLIA AVENUE?

24 MAGNOLIA AVENUE is located in CLIFTONVILLE, in the CT9 postcode district. The below map shows the position of No. 24 on MAGNOLIA AVENUE.