8, GLOUCESTER AVENUE, MARGATE, CT9 3NW - £415,000

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.

8 GLOUCESTER AVENUE is a very large extended detached house of 151m², built sometime between 1930 and 1949, which could now be worth an estimated £517,465. It was last sold for £415,000 in December 2017, which was around 6% above the average December 2017 detached price in the Thanet local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was D.

8 GLOUCESTER AVENUE Sold Prices

Land registry data shows three sales for 8 GLOUCESTER 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. One of the three 8 GLOUCESTER AVENUE sales was for above the average price, whilst two 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
2017 14 DEC	£415,000	£392,164	6% above HPI
2009 27 FEB	£215,000	£228,461	6% below HPI
2000 27 MAR	£110,000	£112,506	2% below HPI

8 GLOUCESTER 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 8 GLOUCESTER AVENUE sales between March 2000 and December 2017 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 February 2009 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2017 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 8 GLOUCESTER AVENUE be worth now?

8 GLOUCESTER AVENUE might now be worth an estimated £517,465.

This is based on house price inflation of 24.7%, between December 2017 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 24.7% inflationary increase is applied to the most recent sale price for 8 GLOUCESTER AVENUE of £415,000 on 14th December 2017. For the value to have increased from £415,000 to £517,465 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 GLOUCESTER AVENUE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The December 2017 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GLOUCESTER AVENUE has not materially changed since December 2017.

How Large is 8 GLOUCESTER AVENUE?

8 GLOUCESTER AVENUE is 151m², which includes one extension, according to the EPC inspection conducted in April 2010. 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 8 GLOUCESTER AVENUE lies on this distribution: 81% of detached houses houses are smaller than 8 GLOUCESTER AVENUE, and 19% of houses are larger. Note that EPC data is not available for all properties in Margate.

8 GLOUCESTER AVENUE: Plot and Title Map

8 GLOUCESTER AVENUE sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 8 GLOUCESTER 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 8 GLOUCESTER 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 8 GLOUCESTER AVENUE?

8 GLOUCESTER AVENUE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 8 on GLOUCESTER AVENUE.