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
32 QUEEN ELIZABETH AVENUE is a midsized extended detached house of 101m², built sometime between 1950 and 1966. It was last sold for £345,000 in July 2019, which was around 13% below the average July 2019 detached price in the Thanet local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 32 QUEEN ELIZABETH 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 32 QUEEN ELIZABETH AVENUE sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2019 16 JUL | £345,000 | £396,965 | 13% below HPI |
2009 15 MAY | £250,000 | £218,870 | 14% above HPI |
The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The two 32 QUEEN ELIZABETH AVENUE sales from May 2009 and July 2019 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 2009 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the July 2019 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.
32 QUEEN ELIZABETH AVENUE is 101m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 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 32 QUEEN ELIZABETH AVENUE lies on this distribution: 47% of detached houses are smaller than 32 QUEEN ELIZABETH AVENUE, and 52% of houses are larger. Note that EPC data is not available for all properties in Margate.
32 QUEEN ELIZABETH AVENUE sits on a plot of roughly 0.199 of an acre, or 806m². The below map shows the location of 32 QUEEN ELIZABETH 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 32 QUEEN ELIZABETH 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.
32 QUEEN ELIZABETH AVENUE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 32 on QUEEN ELIZABETH AVENUE.