44, IRVINE DRIVE, MARGATE, CT9 3XS - £265,000

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

44 IRVINE DRIVE is a small detached house of 82m², built sometime between 1950 and 1966. It was last sold for £265,000 in March 2020, which was around 32% below the average March 2020 detached price in the Thanet local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

44 IRVINE DRIVE Sold Prices

Land registry data shows two sales for 44 IRVINE DRIVE 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 44 IRVINE DRIVE 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
2020 20 MAR	£265,000	£389,312	32% below HPI
2016 19 AUG	£235,000	£339,194	31% below HPI

44 IRVINE DRIVE 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 44 IRVINE DRIVE sales from August 2016 and March 2020 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 August 2016 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2020 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 44 IRVINE DRIVE?

44 IRVINE DRIVE is 82m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 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 44 IRVINE DRIVE lies on this distribution: 22% of detached houses are smaller than 44 IRVINE DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Margate.

44 IRVINE DRIVE: Plot and Title Map

44 IRVINE DRIVE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 44 IRVINE DRIVE, 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 44 IRVINE DRIVE). 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 44 IRVINE DRIVE?

44 IRVINE DRIVE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 44 on IRVINE DRIVE.