42, PALM BAY AVENUE, CLIFTONVILLE, MARGATE, CT9 3NR - £340,000

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

42 PALM BAY AVENUE is a large detached house of 140m², built sometime between 1967 and 1975. It was last sold for £340,000 in October 2014, which was around 20% above the average October 2014 detached price in the Thanet local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was A.

42 PALM BAY AVENUE Sold Prices

Land registry data shows two sales for 42 PALM BAY 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 42 PALM BAY 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
2014 7 OCT	£340,000	£282,604	20% above HPI
2004 30 APR	£243,000	£216,793	12% above HPI

42 PALM BAY 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 42 PALM BAY AVENUE sales from April 2004 and October 2014 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 April 2004 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2014 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 42 PALM BAY AVENUE?

42 PALM BAY AVENUE is 140m² according to the EPC inspection conducted in February 2015. This puts it in the largest 30% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 42 PALM BAY AVENUE lies on this distribution: 76% of detached houses are smaller than 42 PALM BAY AVENUE, and 24% of houses are larger. Note that EPC data is not available for all properties in Margate.

42 PALM BAY AVENUE: Plot and Title Map

42 PALM BAY AVENUE sits on a plot of roughly 0.168 of an acre, or 682m². The below map shows the location of 42 PALM BAY 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 42 PALM BAY 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 42 PALM BAY AVENUE?

42 PALM BAY AVENUE is located in CLIFTONVILLE, in the CT9 postcode district. The below map shows the position of No. 42 on PALM BAY AVENUE.