5, MONKTON GARDENS, CLIFTONVILLE, MARGATE, CT9 3HN - £415,000

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.

5 MONKTON GARDENS is a large extended detached house of 128m², built sometime between 1967 and 1975, which could now be worth an estimated £511,565. It was last sold for £415,000 in February 2019, which was around 5% above the average February 2019 detached price in the Thanet local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was C.

5 MONKTON GARDENS Sold Prices

Land registry data shows two sales for 5 MONKTON GARDENS 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. One of the two 5 MONKTON GARDENS sales was for above the average price, whilst the other was 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
2019 7 FEB	£415,000	£396,687	5% above HPI
2015 11 NOV	£295,000	£313,876	6% below HPI

5 MONKTON GARDENS 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 5 MONKTON GARDENS sales from November 2015 and February 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 November 2015 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2019 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 5 MONKTON GARDENS be worth now?

5 MONKTON GARDENS might now be worth an estimated £511,565.

This is based on house price inflation of 23.3%, between February 2019 and February 2025, for 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 23.3% inflationary increase is applied to the most recent sale price for 5 MONKTON GARDENS of £415,000 on 7th February 2019. For the value to have increased from £415,000 to £511,565 over the six years to February 2025, the following assumptions must hold true:

• The value of 5 MONKTON GARDENS has moved in line with the HPI for detached houses in the Thanet local authority area.
• The February 2019 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MONKTON GARDENS has not materially changed since February 2019.

How Large is 5 MONKTON GARDENS?

5 MONKTON GARDENS is 128m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 40% of detached houses houses in Margate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Margate, and where 5 MONKTON GARDENS lies on this distribution: 69% of detached houses houses are smaller than 5 MONKTON GARDENS, and 31% of houses are larger. Note that EPC data is not available for all properties in Margate.

5 MONKTON GARDENS: Plot and Title Map

5 MONKTON GARDENS sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 5 MONKTON GARDENS, 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 MONKTON GARDENS). 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 MONKTON GARDENS?

5 MONKTON GARDENS is located in CLIFTONVILLE, in the CT9 postcode district. The below map shows the position of No. 5 on MONKTON GARDENS.