48, GRENHAM BAY AVENUE, BIRCHINGTON, CT7 9NW - £386,500

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.

48 GRENHAM BAY AVENUE is a large semi-detached house of 124m², built sometime between 1900 and 1929, which could now be worth an estimated £485,746. It was last sold for £386,500 in June 2019, which was around 46% above the average June 2019 semi-detached price in the Thanet local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

48 GRENHAM BAY AVENUE Sold Prices

Land registry data shows four sales for 48 GRENHAM BAY AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Thanet local authority area for the corresponding sale date. All of the four 48 GRENHAM 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
2019 20 JUN	£386,500	£264,645	46% above HPI
2010 22 APR	£235,000	£168,431	40% above HPI
2002 9 JUL	£125,000	£103,665	21% above HPI
1997 31 OCT	£78,500	£52,133	51% above HPI

48 GRENHAM BAY AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Thanet local authority area over time, sourced from the HPI. The four 48 GRENHAM BAY AVENUE sales between October 1997 and June 2019 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 2010 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the June 2019 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 48 GRENHAM BAY AVENUE be worth now?

48 GRENHAM BAY AVENUE might now be worth an estimated £485,746.

This is based on house price inflation of 25.7%, between June 2019 and February 2025, for semi-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 25.7% inflationary increase is applied to the most recent sale price for 48 GRENHAM BAY AVENUE of £386,500 on 20th June 2019. For the value to have increased from £386,500 to £485,746 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 48 GRENHAM BAY AVENUE has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The June 2019 sale price of £386,500 represented a fair market value for the property.
• The size, condition, and specification of 48 GRENHAM BAY AVENUE has not materially changed since June 2019.

How Large is 48 GRENHAM BAY AVENUE?

48 GRENHAM BAY AVENUE is 124m² according to the EPC inspection conducted in June 2018. This puts it in the largest 40% of semi-detached houses houses in Margate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Margate, and where 48 GRENHAM BAY AVENUE lies on this distribution: 66% of semi-detached houses houses are smaller than 48 GRENHAM BAY AVENUE, and 33% of houses are larger. Note that EPC data is not available for all properties in Margate.

48 GRENHAM BAY AVENUE: Plot and Title Map

48 GRENHAM BAY AVENUE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 48 GRENHAM 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 48 GRENHAM 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 48 GRENHAM BAY AVENUE?

48 GRENHAM BAY AVENUE is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 48 on GRENHAM BAY AVENUE.