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
40 KING EDWARD AVENUE is a large detached house of 134m², built sometime between 1930 and 1949. It was last sold for £535,000 in February 2020, which was around 38% above the average February 2020 detached price in the Thanet local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 40 KING EDWARD AVENUE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. All of the four 40 KING EDWARD 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 |
---|---|---|---|
2020 3 FEB | £535,000 | £388,251 | 38% above HPI |
2014 24 JUL | £370,000 | £268,475 | 38% above HPI |
2011 20 DEC | £310,000 | £240,043 | 29% above HPI |
1999 28 JUN | £138,000 | £88,458 | 56% above HPI |
The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The four 40 KING EDWARD AVENUE sales between June 1999 and February 2020 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 2014 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the February 2020 sale, which was also at 38% above the HPI.
40 KING EDWARD AVENUE is 134m² according to the EPC inspection conducted in October 2011. This puts it in the largest 40% of detached houses in Broadstairs, based on EPC data. The below chart shows the distribution of detached houses by size in Broadstairs, and where 40 KING EDWARD AVENUE lies on this distribution: 64% of detached houses are smaller than 40 KING EDWARD AVENUE, and 36% of houses are larger. Note that EPC data is not available for all properties in Broadstairs.
40 KING EDWARD AVENUE sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of 40 KING EDWARD 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 40 KING EDWARD 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.
40 KING EDWARD AVENUE is located in BROADSTAIRS, in the CT10 postcode district. The below map shows the position of No. 40 on KING EDWARD AVENUE.