Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
7 NORTHUMBERLAND AVENUE is a large extended detached house of 134m², built sometime between 1967 and 1975. It was last sold for £565,000 in January 2024, which was around 18% above the average January 2024 detached price in the Thanet local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 7 NORTHUMBERLAND AVENUE since 1st 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. Both of the two 7 NORTHUMBERLAND 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 |
---|---|---|---|
2024 18 JAN | £565,000 | £476,895 | 18% above HPI |
1997 24 OCT | £110,000 | £80,587 | 36% above HPI |
The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The two 7 NORTHUMBERLAND AVENUE sales from October 1997 and January 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 October 1997 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the January 2024 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.
7 NORTHUMBERLAND AVENUE is 134m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the largest 30% 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 NORTHUMBERLAND AVENUE lies on this distribution: 73% of detached houses are smaller than 7 NORTHUMBERLAND AVENUE, and 26% of houses are larger. Note that EPC data is not available for all properties in Margate.
7 NORTHUMBERLAND AVENUE sits on a plot of roughly 0.308 of an acre, or 1,246m². The below map shows the location of 7 NORTHUMBERLAND 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 NORTHUMBERLAND 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.
7 NORTHUMBERLAND AVENUE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 7 on NORTHUMBERLAND AVENUE.