3, PARKSIDE VILLAS, TIVOLI ROAD, MARGATE, CT9 5PZ - £129,995

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

3 PARKSIDE VILLAS is a small detached house of 86m², built sometime between 1996 and 2002. It was last sold for £129,995 in December 2003, which was around 38% below the average December 2003 detached price in the Thanet local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

3 PARKSIDE VILLAS Sold Prices

Land registry data shows two sales for 3 PARKSIDE VILLAS 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 PARKSIDE VILLAS 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
2003 5 DEC	£129,995	£209,159	38% below HPI
2002 4 JUL	£114,000	£160,703	29% below HPI

3 PARKSIDE VILLAS 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 PARKSIDE VILLAS sales from July 2002 and December 2003 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 July 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2003 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 3 PARKSIDE VILLAS?

3 PARKSIDE VILLAS is 86m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 30% 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 PARKSIDE VILLAS lies on this distribution: 27% of detached houses are smaller than 3 PARKSIDE VILLAS, and 73% of houses are larger. Note that EPC data is not available for all properties in Margate.

3 PARKSIDE VILLAS: Plot and Title Map

3 PARKSIDE VILLAS sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 3 PARKSIDE VILLAS, 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 PARKSIDE VILLAS). 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 PARKSIDE VILLAS?

3 PARKSIDE VILLAS is located on TIVOLI ROAD in MARGATE, in the CT9 postcode district. The below map shows the position of 3 PARKSIDE VILLAS on TIVOLI ROAD.