55, CORNWALL GARDENS, CLIFTONVILLE, MARGATE, CT9 2JE - £490,000

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

55 CORNWALL GARDENS is a very large extended detached house of 238m², built sometime between 1900 and 1929. It was last sold for £490,000 in June 2018, which was around 25% above the average June 2018 detached price in the Thanet local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

55 CORNWALL GARDENS Sold Prices

Land registry data shows four sales for 55 CORNWALL GARDENS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. All of the four 55 CORNWALL 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 15 JUN	£490,000	£393,239	25% above HPI
2014 13 FEB	£290,000	£255,417	14% above HPI
2007 3 AUG	£339,995	£265,178	28% above HPI
2000 12 JUL	£145,000	£113,656	28% above HPI

55 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 four 55 CORNWALL GARDENS sales between July 2000 and June 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 February 2014 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2018 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 55 CORNWALL GARDENS?

55 CORNWALL GARDENS is 238m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 10% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 55 CORNWALL GARDENS lies on this distribution: 96% of detached houses are smaller than 55 CORNWALL GARDENS, and 4% of houses are larger. Note that EPC data is not available for all properties in Margate.

55 CORNWALL GARDENS: Plot and Title Map

55 CORNWALL GARDENS sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 55 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 55 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 55 CORNWALL GARDENS?

55 CORNWALL GARDENS is located in CLIFTONVILLE, in the CT9 postcode district. The below map shows the position of No. 55 on CORNWALL GARDENS.