50, PRINCES GARDENS, MARGATE, CT9 3AS - £549,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

50 PRINCES GARDENS is a large extended detached house of 149m², built sometime between 1967 and 1975. It was last sold for £549,950 in October 2018, which was around 37% above the average October 2018 detached price in the Thanet local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

50 PRINCES GARDENS Sold Prices

Land registry data shows two sales for 50 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 50 PRINCES GARDENS 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
2018 11 OCT	£549,950	£400,535	37% above HPI
2003 4 JUL	£240,000	£200,114	20% above HPI

50 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 50 PRINCES GARDENS sales from July 2003 and October 2018 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 2003 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the October 2018 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 50 PRINCES GARDENS?

50 PRINCES GARDENS is 149m², which includes one extension, according to the EPC inspection conducted in March 2018. 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 50 PRINCES GARDENS lies on this distribution: 80% of detached houses are smaller than 50 PRINCES GARDENS, and 20% of houses are larger. Note that EPC data is not available for all properties in Margate.

50 PRINCES GARDENS: Plot and Title Map

50 PRINCES GARDENS sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of 50 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 50 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 50 PRINCES GARDENS?

50 PRINCES GARDENS is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 50 on PRINCES GARDENS.