Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
28 GLOUCESTER AVENUE is a very large detached house of 177m², built sometime between 1930 and 1949. It was last sold for £515,000 in April 2021, which was around 20% above the average April 2021 detached price in the Thanet local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 28 GLOUCESTER AVENUE since 1st 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. One of the three 28 GLOUCESTER AVENUE sales was for above the average price, whilst two 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 |
---|---|---|---|
2021 23 APR | £515,000 | £429,347 | 20% above HPI |
2009 6 NOV | £110,000 | £235,347 | 53% below HPI |
2003 16 MAY | £100,000 | £194,402 | 49% below HPI |
The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The three 28 GLOUCESTER AVENUE sales between May 2003 and April 2021 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 2009 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the April 2021 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.
28 GLOUCESTER AVENUE is 177m² according to the EPC inspection conducted in September 2016. This puts it in the largest 20% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 28 GLOUCESTER AVENUE lies on this distribution: 89% of detached houses are smaller than 28 GLOUCESTER AVENUE, and 11% of houses are larger. Note that EPC data is not available for all properties in Margate.
28 GLOUCESTER AVENUE sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 28 GLOUCESTER 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 28 GLOUCESTER 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.
28 GLOUCESTER AVENUE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 28 on GLOUCESTER AVENUE.