7, GALLWEY AVENUE, BIRCHINGTON, CT7 9PA - £510,000

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

7 GALLWEY AVENUE is a very large extended detached house of 216m², built sometime between 1976 and 1982. It was last sold for £510,000 in March 2021, which was around 18% above the average March 2021 detached price in the Thanet local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

7 GALLWEY AVENUE Sold Prices

Land registry data shows three sales for 7 GALLWEY AVENUE 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. All of the three 7 GALLWEY 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
2021 16 MAR	£510,000	£431,603	18% above HPI
2013 3 OCT	£350,000	£246,536	42% above HPI
2003 28 JUL	£245,500	£200,114	23% above HPI

7 GALLWEY AVENUE 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 7 GALLWEY AVENUE sales between July 2003 and March 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 October 2013 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the March 2021 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 7 GALLWEY AVENUE?

7 GALLWEY AVENUE is 216m², which includes two extensions, according to the EPC inspection conducted in September 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 7 GALLWEY AVENUE lies on this distribution: 94% of detached houses are smaller than 7 GALLWEY AVENUE, and 6% of houses are larger. Note that EPC data is not available for all properties in Margate.

7 GALLWEY AVENUE: Plot and Title Map

7 GALLWEY AVENUE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 7 GALLWEY 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 7 GALLWEY 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.

Where is 7 GALLWEY AVENUE?

7 GALLWEY AVENUE is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 7 on GALLWEY AVENUE.