3, HEREWARD AVENUE, BIRCHINGTON, CT7 9LY - £290,000

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

3 HEREWARD AVENUE is a midsized detached house of 114m², built sometime between 1930 and 1949. It was last sold for £290,000 in November 2013, which was around 17% above the average November 2013 detached price in the Thanet local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

3 HEREWARD AVENUE Sold Prices

Land registry data shows two sales for 3 HEREWARD 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. Both of the two 3 HEREWARD AVENUE sales were 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
2013 28 NOV	£290,000	£248,117	17% above HPI
2005 16 MAY	£257,500	£234,627	10% above HPI

3 HEREWARD 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 3 HEREWARD AVENUE sales from May 2005 and November 2013 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 2005 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2013 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 3 HEREWARD AVENUE?

3 HEREWARD AVENUE is 114m² according to the EPC inspection conducted in February 2014. 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 3 HEREWARD AVENUE lies on this distribution: 58% of detached houses are smaller than 3 HEREWARD AVENUE, and 41% of houses are larger. Note that EPC data is not available for all properties in Margate.

3 HEREWARD AVENUE: Plot and Title Map

3 HEREWARD AVENUE sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of 3 HEREWARD 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 3 HEREWARD 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 3 HEREWARD AVENUE?

3 HEREWARD AVENUE is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 3 on HEREWARD AVENUE.