5, PRINCES GARDENS, MARGATE, CT9 3AP - £275,000

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 PRINCES GARDENS is a very small detached house of 75m², built sometime between 1930 and 1949. It was last sold for £275,000 in May 2016, which was around 16% below the average May 2016 detached price in the Thanet local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

5 PRINCES GARDENS Sold Prices

Land registry data shows two sales for 5 PRINCES 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. Both of the two 5 PRINCES GARDENS 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
2016 27 MAY	£275,000	£328,129	16% below HPI
2000 12 JUL	£90,000	£113,656	21% below HPI

5 PRINCES 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 PRINCES GARDENS sales from July 2000 and May 2016 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 2000 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2016 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 5 PRINCES GARDENS?

5 PRINCES GARDENS is 75m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 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 5 PRINCES GARDENS lies on this distribution: 14% of detached houses are smaller than 5 PRINCES GARDENS, and 85% of houses are larger. Note that EPC data is not available for all properties in Margate.

5 PRINCES GARDENS: Plot and Title Map

5 PRINCES GARDENS sits on a plot of roughly 0.159 of an acre, or 643m². The below map shows the location of 5 PRINCES 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 PRINCES 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 PRINCES GARDENS?

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