27, MICHELLE GARDENS, MARGATE, CT9 5JX - £340,000

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.

27 MICHELLE GARDENS is a small extended detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £380,986. It was last sold for £340,000 in December 2020, which was around 22% below the average December 2020 detached price in the Thanet local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

27 MICHELLE GARDENS Sold Prices

Land registry data shows two sales for 27 MICHELLE GARDENS 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. Both of the two 27 MICHELLE GARDENS sales were 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
2020 11 DEC	£340,000	£436,386	22% below HPI
2011 9 DEC	£168,000	£245,468	32% below HPI

27 MICHELLE GARDENS 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 27 MICHELLE GARDENS sales from December 2011 and December 2020 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 December 2011 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2020 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 27 MICHELLE GARDENS be worth now?

27 MICHELLE GARDENS might now be worth an estimated £380,986.

This is based on house price inflation of 12.1%, between December 2020 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 12.1% inflationary increase is applied to the most recent sale price for 27 MICHELLE GARDENS of £340,000 on 11th December 2020. For the value to have increased from £340,000 to £380,986 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 27 MICHELLE GARDENS has moved in line with the HPI for detached houses in the Thanet local authority area.
• The December 2020 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 27 MICHELLE GARDENS has not materially changed since December 2020.

How Large is 27 MICHELLE GARDENS?

27 MICHELLE GARDENS is 82m², which includes one extension, according to the EPC inspection conducted in January 2020. 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 27 MICHELLE GARDENS lies on this distribution: 22% of detached houses houses are smaller than 27 MICHELLE GARDENS, and 77% of houses are larger. Note that EPC data is not available for all properties in Margate.

27 MICHELLE GARDENS: Plot and Title Map

27 MICHELLE GARDENS sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 27 MICHELLE GARDENS, 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 MICHELLE GARDENS). 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 27 MICHELLE GARDENS?

27 MICHELLE GARDENS is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 27 on MICHELLE GARDENS.