47, PRINCESS MARGARET AVENUE, MARGATE, CT9 3DZ - £475,000

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

47 PRINCESS MARGARET AVENUE is a small detached house of 93m², built sometime between 1967 and 1975. It was last sold for £475,000 in December 2022, which was around 8% below the average December 2022 detached price in the Thanet local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

47 PRINCESS MARGARET AVENUE Sold Prices

Land registry data shows two sales for 47 PRINCESS MARGARET 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 47 PRINCESS MARGARET AVENUE 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
2022 12 DEC	£475,000	£518,552	8% below HPI
2001 18 JUL	£93,000	£130,224	29% below HPI

47 PRINCESS MARGARET 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 47 PRINCESS MARGARET AVENUE sales from July 2001 and December 2022 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 July 2001 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 47 PRINCESS MARGARET AVENUE?

47 PRINCESS MARGARET AVENUE is 93m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 40% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 47 PRINCESS MARGARET AVENUE lies on this distribution: 36% of detached houses are smaller than 47 PRINCESS MARGARET AVENUE, and 63% of houses are larger. Note that EPC data is not available for all properties in Margate.

47 PRINCESS MARGARET AVENUE: Plot and Title Map

47 PRINCESS MARGARET AVENUE sits on a plot of roughly 0.141 of an acre, or 569m². The below map shows the location of 47 PRINCESS MARGARET 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 47 PRINCESS MARGARET 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 47 PRINCESS MARGARET AVENUE?

47 PRINCESS MARGARET AVENUE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 47 on PRINCESS MARGARET AVENUE.