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
77 PARK AVENUE is a very small detached house of 58m², built sometime between 1950 and 1966. It was last sold for £172,500 in December 2005, which was around 27% below the average December 2005 detached price in the Thanet local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 77 PARK 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 77 PARK AVENUE sales were for below 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 |
---|---|---|---|
2005 13 DEC | £172,500 | £236,592 | 27% below HPI |
2004 5 APR | £152,000 | £216,793 | 30% below HPI |
2002 25 JUL | £104,000 | £160,703 | 35% below HPI |
The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The three 77 PARK AVENUE sales between July 2002 and December 2005 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 April 2004 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2005 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.
77 PARK AVENUE is 58m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 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 77 PARK AVENUE lies on this distribution: 3% of detached houses are smaller than 77 PARK AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in Margate.
77 PARK AVENUE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 77 PARK 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 77 PARK 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.
77 PARK AVENUE is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 77 on PARK AVENUE.