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 PRICES AVENUE is a very large extended detached house of 175m², built sometime before 1900. It was last sold for £385,000 in May 2017, which was around 9% above the average May 2017 detached price in the Thanet local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 44 PRICES AVENUE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. All of the three 44 PRICES 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 |
---|---|---|---|
2017 26 MAY | £385,000 | £354,411 | 9% above HPI |
2013 12 APR | £250,000 | £233,456 | 7% above HPI |
1999 26 MAR | £105,000 | £88,732 | 18% above HPI |
The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The three 44 PRICES AVENUE sales between March 1999 and May 2017 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 2013 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the May 2017 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.
44 PRICES AVENUE is 175m², which includes two extensions, according to the EPC inspection conducted in June 2024. 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 44 PRICES AVENUE lies on this distribution: 89% of detached houses are smaller than 44 PRICES AVENUE, and 11% of houses are larger. Note that EPC data is not available for all properties in Margate.
44 PRICES AVENUE sits on a plot of roughly 0.205 of an acre, or 831m². The below map shows the location of 44 PRICES 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 44 PRICES 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.
44 PRICES AVENUE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 44 on PRICES AVENUE.