71, CLARENCE AVENUE, MARGATE, CT9 3DR - £490,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

71 CLARENCE AVENUE is a very large extended detached house of 152m², built sometime between 2003 and 2006, which could now be worth an estimated £575,888. It was last sold for £490,000 in September 2020, which was around 18% above the average September 2020 detached price in the Thanet local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

71 CLARENCE AVENUE Sold Prices

Land registry data shows five sales for 71 CLARENCE AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. Most of the five 71 CLARENCE 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
2020 28 SEP	£490,000	£416,063	18% above HPI
2018 19 OCT	£465,000	£409,587	14% above HPI
2015 20 OCT	£380,000	£313,567	21% above HPI
2006 1 NOV	£305,000	£255,168	20% above HPI
2003 4 JUL	£196,500	£204,637	4% below HPI

71 CLARENCE 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 five 71 CLARENCE AVENUE sales between July 2003 and September 2020 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 2018 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2020 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 71 CLARENCE AVENUE be worth now?

71 CLARENCE AVENUE might now be worth an estimated £575,888.

This is based on house price inflation of 17.5%, between September 2020 and February 2025, for detached houses, in the Thanet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.5% inflationary increase is applied to the most recent sale price for 71 CLARENCE AVENUE of £490,000 on 28th September 2020. For the value to have increased from £490,000 to £575,888 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 71 CLARENCE AVENUE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The September 2020 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 71 CLARENCE AVENUE has not materially changed since September 2020.

How Large is 71 CLARENCE AVENUE?

71 CLARENCE AVENUE is 152m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 20% of detached houses houses in Margate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Margate, and where 71 CLARENCE AVENUE lies on this distribution: 81% of detached houses houses are smaller than 71 CLARENCE AVENUE, and 19% of houses are larger. Note that EPC data is not available for all properties in Margate.

71 CLARENCE AVENUE: Plot and Title Map

71 CLARENCE AVENUE sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of 71 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 71 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.

Where is 71 CLARENCE AVENUE?

71 CLARENCE AVENUE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 71 on CLARENCE AVENUE.