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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

42 PALM BAY AVENUE is a large detached house of 140m², built sometime between 1967 and 1975, which could now be worth an estimated £575,301. It was last sold for £340,000 in October 2014, which was around 18% 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	£288,991	18% above HPI
2004 30 APR	£243,000	£221,693	10% 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 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2014 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 42 PALM BAY AVENUE be worth now?

42 PALM BAY AVENUE might now be worth an estimated £575,301.

This is based on house price inflation of 69.2%, between October 2014 and February 2025, for detached houses, in the Thanet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 69.2% inflationary increase is applied to the most recent sale price for 42 PALM BAY AVENUE of £340,000 on 7th October 2014. For the value to have increased from £340,000 to £575,301 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 42 PALM BAY AVENUE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The October 2014 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 42 PALM BAY AVENUE has not materially changed since October 2014.

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 houses in Margate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Margate, and where 42 PALM BAY AVENUE lies on this distribution: 76% of detached houses 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 0.169 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.