40, VICTORIA AVENUE, WESTGATE-ON-SEA, CT8 8BL - £328,000

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 VICTORIA AVENUE is a small extended detached house of 93m², built sometime between 1976 and 1982. It was last sold for £328,000 in December 2018, which was around 18% below the average December 2018 detached price in the Thanet local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

40 VICTORIA AVENUE Sold Prices

Land registry data shows two sales for 40 VICTORIA 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 VICTORIA 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
2018 11 DEC	£328,000	£398,974	18% below HPI
2004 7 SEP	£130,000	£237,170	45% below HPI

40 VICTORIA 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 VICTORIA AVENUE sales from September 2004 and December 2018 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 September 2004 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the December 2018 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 40 VICTORIA AVENUE?

40 VICTORIA AVENUE is 93m², which includes two extensions, according to the EPC inspection conducted in October 2018. 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 VICTORIA AVENUE lies on this distribution: 36% of detached houses are smaller than 40 VICTORIA AVENUE, and 63% of houses are larger. Note that EPC data is not available for all properties in Margate.

40 VICTORIA AVENUE: Plot and Title Map

40 VICTORIA AVENUE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 40 VICTORIA 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 VICTORIA 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 VICTORIA AVENUE?

40 VICTORIA AVENUE is located in WESTGATE-ON-SEA, in the CT8 postcode district. The below map shows the position of No. 40 on VICTORIA AVENUE.