55, PRINCES GARDENS, MARGATE, CT9 3AS - £350,000

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 PRINCES GARDENS is a small detached house of 90m², built sometime between 1967 and 1975. It was last sold for £350,000 in November 2018, which was around 12% below the average November 2018 detached price in the Thanet local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

55 PRINCES GARDENS Sold Prices

Land registry data shows two sales for 55 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. One of the two 55 PRINCES GARDENS sales was for below the average price, whilst the other 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
2018 23 NOV	£350,000	£399,951	12% below HPI
1996 30 AUG	£72,000	£71,172	1% above HPI

55 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 55 PRINCES GARDENS sales from August 1996 and November 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 1996 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 55 PRINCES GARDENS?

55 PRINCES GARDENS is 90m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 40% 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 PRINCES GARDENS lies on this distribution: 32% of detached houses are smaller than 55 PRINCES GARDENS, and 67% of houses are larger. Note that EPC data is not available for all properties in Margate.

55 PRINCES GARDENS: Plot and Title Map

55 PRINCES GARDENS sits on a plot of roughly 0.166 of an acre, or 670m². The below map shows the location of 55 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 55 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 55 PRINCES GARDENS?

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