53, CORNWALL GARDENS, CLIFTONVILLE, MARGATE, CT9 2JE - £360,000

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.

53 CORNWALL GARDENS is a large extended detached house of 134m², built sometime between 1967 and 1975, which could now be worth an estimated £413,880. It was last sold for £360,000 in November 2020, which was around 15% below the average November 2020 detached price in the Thanet local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was C.

53 CORNWALL GARDENS Sold Prices

Land registry data shows three sales for 53 CORNWALL GARDENS 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. Two of the three 53 CORNWALL GARDENS sales were for below the average price, whilst one was 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
2020 4 NOV	£360,000	£425,333	15% below HPI
2007 23 MAR	£247,000	£265,023	7% below HPI
2003 10 DEC	£233,000	£213,886	9% above HPI

53 CORNWALL 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 three 53 CORNWALL GARDENS sales between December 2003 and November 2020 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 March 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 53 CORNWALL GARDENS be worth now?

53 CORNWALL GARDENS might now be worth an estimated £413,880.

This is based on house price inflation of 15%, between November 2020 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 15% inflationary increase is applied to the most recent sale price for 53 CORNWALL GARDENS of £360,000 on 4th November 2020. For the value to have increased from £360,000 to £413,880 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 53 CORNWALL GARDENS has moved in line with the HPI for detached houses in the Thanet local authority area.
• The November 2020 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 53 CORNWALL GARDENS has not materially changed since November 2020.

How Large is 53 CORNWALL GARDENS?

53 CORNWALL GARDENS is 134m², which includes three extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 30% 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 53 CORNWALL GARDENS lies on this distribution: 73% of detached houses houses are smaller than 53 CORNWALL GARDENS, and 26% of houses are larger. Note that EPC data is not available for all properties in Margate.

53 CORNWALL GARDENS: Plot and Title Map

53 CORNWALL GARDENS sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 53 CORNWALL 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 53 CORNWALL 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 53 CORNWALL GARDENS?

53 CORNWALL GARDENS is located in CLIFTONVILLE, in the CT9 postcode district. The below map shows the position of No. 53 on CORNWALL GARDENS.