38, CLARENCE AVENUE, MARGATE, CT9 3DR - £268,995

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

38 CLARENCE AVENUE is a small detached house of 89m², built sometime between 1950 and 1966. It was last sold for £268,995 in May 2008, which was about the average May 2008 detached price in the Thanet local authority area. The most recent EPC inspection was July 2024, where the current energy rating was E, and the potential energy rating was D.

38 CLARENCE AVENUE Sold Prices

Land registry data shows two sales for 38 CLARENCE 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. One of the two 38 CLARENCE AVENUE sales was roughly equal to the average price, whilst the other was 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
2008 16 MAY	£268,995	£269,084	Close to HPI
2003 6 MAY	£188,000	£194,402	3% below HPI

38 CLARENCE 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 38 CLARENCE AVENUE sales from May 2003 and May 2008 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 2003 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2008 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 38 CLARENCE AVENUE?

38 CLARENCE AVENUE is 89m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 40% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 38 CLARENCE AVENUE lies on this distribution: 30% of detached houses are smaller than 38 CLARENCE AVENUE, and 68% of houses are larger. Note that EPC data is not available for all properties in Margate.

38 CLARENCE AVENUE: Plot and Title Map

38 CLARENCE AVENUE sits on a plot of roughly 0.182 of an acre, or 736m². The below map shows the location of 38 CLARENCE 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 38 CLARENCE 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 38 CLARENCE AVENUE?

38 CLARENCE AVENUE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 38 on CLARENCE AVENUE.