53, PRINCES GARDENS, MARGATE, CT9 3AS - £225,000

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

53 PRINCES GARDENS is a small detached house of 86m², built sometime between 1967 and 1975. It was last sold for £225,000 in October 2007, which was around 17% below the average October 2007 detached price in the Thanet local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

53 PRINCES GARDENS Sold Prices

Land registry data shows two sales for 53 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 53 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
2007 12 OCT	£225,000	£271,622	17% below HPI
2005 27 SEP	£196,000	£240,353	18% below HPI

53 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 53 PRINCES GARDENS sales from September 2005 and October 2007 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 September 2005 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2007 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 53 PRINCES GARDENS?

53 PRINCES GARDENS is 86m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 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 53 PRINCES GARDENS lies on this distribution: 27% of detached houses are smaller than 53 PRINCES GARDENS, and 73% of houses are larger. Note that EPC data is not available for all properties in Margate.

53 PRINCES GARDENS: Plot and Title Map

53 PRINCES GARDENS sits on a plot of roughly 0.162 of an acre, or 657m². The below map shows the location of 53 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 53 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 53 PRINCES GARDENS?

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