Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources
59 LEICESTER AVENUE is a very large extended detached house of 224m², built sometime between 1930 and 1949. It was last sold for £560,000 in January 2017, which was around 57% above the average January 2017 detached price in the Thanet local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 59 LEICESTER AVENUE since 1st 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. All of the three 59 LEICESTER AVENUE 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 |
---|---|---|---|
2017 13 JAN | £560,000 | £356,777 | 57% above HPI |
2010 10 NOV | £420,000 | £245,319 | 71% above HPI |
2005 24 JAN | £375,000 | £232,174 | 62% above HPI |
The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The three 59 LEICESTER AVENUE sales between January 2005 and January 2017 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 November 2010 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the January 2017 sale, where it falls to 57% above the HPI. The line then continues to track at 57% above the HPI.
59 LEICESTER AVENUE is 224m², which includes two extensions, according to the EPC inspection conducted in March 2024. 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 59 LEICESTER AVENUE lies on this distribution: 95% of detached houses are smaller than 59 LEICESTER AVENUE, and 5% of houses are larger. Note that EPC data is not available for all properties in Margate.
59 LEICESTER AVENUE sits on a plot of roughly 0.307 of an acre, or 1,243m². The below map shows the location of 59 LEICESTER AVENUE, 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 59 LEICESTER AVENUE). 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.
59 LEICESTER AVENUE is located in CLIFTONVILLE, in the CT9 postcode district. The below map shows the position of No. 59 on LEICESTER AVENUE.