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
36 GLOUCESTER AVENUE is a very large detached house of 162m², built sometime between 1930 and 1949. It was last sold for £500,000 in April 2021, which was around 16% above the average April 2021 detached price in the Thanet local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 36 GLOUCESTER AVENUE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. All of the five 36 GLOUCESTER 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 |
---|---|---|---|
2021 12 APR | £500,000 | £429,347 | 16% above HPI |
2018 31 OCT | £440,000 | £400,535 | 10% above HPI |
2014 19 DEC | £300,000 | £283,025 | 6% above HPI |
1998 10 DEC | £107,000 | £88,275 | 21% above HPI |
1997 23 MAY | £88,500 | £76,743 | 15% above HPI |
The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The five 36 GLOUCESTER AVENUE sales between May 1997 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 October 2018 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the April 2021 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.
36 GLOUCESTER AVENUE is 162m² according to the EPC inspection conducted in April 2014. 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 36 GLOUCESTER AVENUE lies on this distribution: 85% of detached houses are smaller than 36 GLOUCESTER AVENUE, and 15% of houses are larger. Note that EPC data is not available for all properties in Margate.
36 GLOUCESTER AVENUE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 36 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 36 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.
36 GLOUCESTER AVENUE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 36 on GLOUCESTER AVENUE.