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
65 CLARENCE AVENUE is a midsized extended detached house of 111m², built sometime between 1950 and 1966. It was last sold for £465,000 in March 2024, which was around 1% below the average March 2024 detached price in the Thanet local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 65 CLARENCE 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. Two of the three 65 CLARENCE AVENUE sales were for below the average price, whilst one 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 |
---|---|---|---|
2024 20 MAR | £465,000 | £470,659 | 1% below HPI |
2022 29 JUN | £495,000 | £512,669 | 3% below HPI |
1999 1 JAN | £95,000 | £89,262 | 6% 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 65 CLARENCE AVENUE sales between January 1999 and March 2024 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 June 2022 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2024 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.
65 CLARENCE AVENUE is 111m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 50% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 65 CLARENCE AVENUE lies on this distribution: 55% of detached houses are smaller than 65 CLARENCE AVENUE, and 44% of houses are larger. Note that EPC data is not available for all properties in Margate.
65 CLARENCE AVENUE sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 65 CLARENCE 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 65 CLARENCE 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.
65 CLARENCE AVENUE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 65 on CLARENCE AVENUE.