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
27 LEICESTER AVENUE is a midsized extended detached house of 111m², built sometime between 1950 and 1966. It was last sold for £625,000 in January 2023, which was around 19% above the average January 2023 detached price in the Thanet local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 27 LEICESTER AVENUE since 1st 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 27 LEICESTER 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 |
---|---|---|---|
2023 31 JAN | £625,000 | £526,264 | 19% above HPI |
2017 17 NOV | £350,000 | £381,090 | 8% below HPI |
The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The two 27 LEICESTER AVENUE sales from November 2017 and January 2023 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 November 2017 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2023 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.
27 LEICESTER AVENUE is 111m², which includes one extension, according to the EPC inspection conducted in November 2022. 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 27 LEICESTER AVENUE lies on this distribution: 55% of detached houses are smaller than 27 LEICESTER AVENUE, and 44% of houses are larger. Note that EPC data is not available for all properties in Margate.
27 LEICESTER AVENUE sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 27 LEICESTER 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 27 LEICESTER 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.
27 LEICESTER AVENUE is located in CLIFTONVILLE, in the CT9 postcode district. The below map shows the position of No. 27 on LEICESTER AVENUE.