58, VICTORIA ROAD, MARGATE, CT9 1NA - £850,000

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

58 VICTORIA ROAD is a very large extended detached house of 309m², built sometime before 1900. It was last sold for £850,000 in December 2021, which was around 82% above the average December 2021 detached price in the Thanet local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was C.

58 VICTORIA ROAD Sold Prices

Land registry data shows three sales for 58 VICTORIA ROAD 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 58 VICTORIA ROAD sales were for above the average price, whilst one was 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
2021 1 DEC	£850,000	£465,918	82% above HPI
2007 2 MAR	£285,000	£259,166	10% above HPI
1999 15 DEC	£75,000	£98,717	24% below HPI

58 VICTORIA ROAD 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 58 VICTORIA ROAD sales between December 1999 and December 2021 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 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the December 2021 sale, where it rises to 82% above the HPI. The line then continues to track at 82% above the HPI.

How Large is 58 VICTORIA ROAD?

58 VICTORIA ROAD is 309m², which includes one extension, according to the EPC inspection conducted in October 2014. 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 58 VICTORIA ROAD lies on this distribution: 99% of detached houses are smaller than 58 VICTORIA ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Margate.

58 VICTORIA ROAD: Plot and Title Map

58 VICTORIA ROAD sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 58 VICTORIA 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 58 VICTORIA 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.

Where is 58 VICTORIA ROAD?

58 VICTORIA ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 58 on VICTORIA ROAD.