41, VICTORIA ROAD, MARGATE, CT9 1LW - £340,000

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

41 VICTORIA ROAD is a small terraced house of 94m², built in 2020. It was last sold for £340,000 in February 2023, which was around 34% below the average February 2023 detached price in the Thanet local authority area. The most recent EPC inspection was June 2022, where the current energy rating was B, and the potential energy rating was A.

41 VICTORIA ROAD Sold Prices

Land registry data shows four sales for 41 VICTORIA ROAD since 1^st 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. Most of the four 41 VICTORIA ROAD 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
2023 15 FEB	£340,000	£515,408	34% below HPI
2020 8 OCT	£565,000	£415,532	36% above HPI
2018 6 MAR	£162,500	£379,332	57% below HPI
2008 22 APR	£210,000	£269,072	22% below HPI

41 VICTORIA ROAD 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 four 41 VICTORIA ROAD sales between April 2008 and February 2023 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 2020 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the February 2023 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 41 VICTORIA ROAD?

41 VICTORIA ROAD is 94m² according to the EPC inspection conducted in June 2022. 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 41 VICTORIA ROAD lies on this distribution: 37% of detached houses are smaller than 41 VICTORIA ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Margate.

41 VICTORIA ROAD: Plot and Title Map

41 VICTORIA ROAD sits on a plot of roughly 0.017 of an acre, or 70m². The below map shows the location of 41 VICTORIA ROAD, 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 41 VICTORIA ROAD). 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 41 VICTORIA ROAD?

41 VICTORIA ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 41 on VICTORIA ROAD.