40, QUEEN ELIZABETH AVENUE, MARGATE, CT9 3LQ - £310,000

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

40 QUEEN ELIZABETH AVENUE is a small detached house of 92m², built sometime between 1950 and 1966. It was last sold for £310,000 in February 2021, which was around 28% below the average February 2021 detached price in the Thanet local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was D.

40 QUEEN ELIZABETH AVENUE Sold Prices

Land registry data shows two sales for 40 QUEEN ELIZABETH 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. Both of the two 40 QUEEN ELIZABETH AVENUE 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
2021 26 FEB	£310,000	£433,486	28% below HPI
2010 1 JUL	£222,500	£242,566	8% below HPI

40 QUEEN ELIZABETH 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 40 QUEEN ELIZABETH AVENUE sales from July 2010 and February 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 July 2010 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 40 QUEEN ELIZABETH AVENUE?

40 QUEEN ELIZABETH AVENUE is 92m² according to the EPC inspection conducted in January 2014. 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 40 QUEEN ELIZABETH AVENUE lies on this distribution: 35% of detached houses are smaller than 40 QUEEN ELIZABETH AVENUE, and 64% of houses are larger. Note that EPC data is not available for all properties in Margate.

40 QUEEN ELIZABETH AVENUE: Plot and Title Map

40 QUEEN ELIZABETH AVENUE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 40 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 40 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.

Where is 40 QUEEN ELIZABETH AVENUE?

40 QUEEN ELIZABETH AVENUE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 40 on QUEEN ELIZABETH AVENUE.