43, PALM BAY AVENUE, CLIFTONVILLE, MARGATE, CT9 3NR - £341,000

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

43 PALM BAY AVENUE is a very large extended detached house of 162m², built sometime between 1967 and 1975. It was last sold for £341,000 in September 2014, which was around 23% above the average September 2014 detached price in the Thanet local authority area. The most recent EPC inspection was October 2023, where the current energy rating was B, and the potential energy rating was B.

43 PALM BAY AVENUE Sold Prices

Land registry data shows two sales for 43 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 43 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 3 SEP	£341,000	£276,667	23% above HPI
2006 8 MAR	£320,000	£237,186	35% above HPI

43 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 43 PALM BAY AVENUE sales from March 2006 and September 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 March 2006 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the September 2014 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 43 PALM BAY AVENUE?

43 PALM BAY AVENUE is 162m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 20% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 43 PALM BAY AVENUE lies on this distribution: 85% of detached houses are smaller than 43 PALM BAY AVENUE, and 15% of houses are larger. Note that EPC data is not available for all properties in Margate.

43 PALM BAY AVENUE: Plot and Title Map

43 PALM BAY AVENUE sits on a plot of roughly 0.168 of an acre, or 681m². The below map shows the location of 43 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 43 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 43 PALM BAY AVENUE?

43 PALM BAY AVENUE is located in CLIFTONVILLE, in the CT9 postcode district. The below map shows the position of No. 43 on PALM BAY AVENUE.