5, HEREWARD AVENUE, BIRCHINGTON, CT7 9LY - £420,000

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

5 HEREWARD AVENUE is a large extended semi-detached house of 145m², built sometime between 1930 and 1949. It was last sold for £420,000 in August 2014, which was around 56% above the average August 2014 detached price in the Thanet local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

5 HEREWARD AVENUE Sold Prices

Land registry data shows three sales for 5 HEREWARD AVENUE since 1^st 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 5 HEREWARD 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 15 AUG	£420,000	£268,484	56% above HPI
2002 4 APR	£242,000	£149,387	62% above HPI
1995 7 NOV	£93,000	£72,551	28% above HPI

5 HEREWARD 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 three 5 HEREWARD AVENUE sales between November 1995 and August 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 April 2002 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the August 2014 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 5 HEREWARD AVENUE?

5 HEREWARD AVENUE is 145m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the largest 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 5 HEREWARD AVENUE lies on this distribution: 78% of detached houses are smaller than 5 HEREWARD AVENUE, and 22% of houses are larger. Note that EPC data is not available for all properties in Margate.

5 HEREWARD AVENUE: Plot and Title Map

5 HEREWARD AVENUE sits on a plot of roughly 0.149 of an acre, or 604m². The below map shows the location of 5 HEREWARD 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 5 HEREWARD 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 5 HEREWARD AVENUE?

5 HEREWARD AVENUE is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 5 on HEREWARD AVENUE.