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
52 MADEIRA ROAD is a very large extended detached house of 167m², built sometime between 1930 and 1949. It was last sold for £399,995 in July 2018, which was around 2% above the average July 2018 detached price in the Thanet local authority area. The most recent EPC inspection was June 2014, where the current energy rating was F, and the potential energy rating was C.
Land registry data shows two sales for 52 MADEIRA ROAD since 1st 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 52 MADEIRA ROAD 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 30 JUL | £399,995 | £393,708 | 2% above HPI |
2001 10 AUG | £147,995 | £134,982 | 10% above HPI |
The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The two 52 MADEIRA ROAD sales from August 2001 and July 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 August 2001 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2018 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.
52 MADEIRA ROAD is 167m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 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 52 MADEIRA ROAD lies on this distribution: 86% of detached houses are smaller than 52 MADEIRA ROAD, and 14% of houses are larger. Note that EPC data is not available for all properties in Margate.
52 MADEIRA ROAD sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 52 MADEIRA ROAD, 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 52 MADEIRA ROAD). 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.
52 MADEIRA ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 52 on MADEIRA ROAD.