8, GUILDFORD AVENUE, WESTGATE-ON-SEA, CT8 8NB - £272,000

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

8 GUILDFORD AVENUE is a midsized extended detached house of 105m², built sometime between 1930 and 1949. It was last sold for £272,000 in June 2021, which was around 38% below the average June 2021 detached price in the Thanet local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

8 GUILDFORD AVENUE Sold Prices

Land registry data shows two sales for 8 GUILDFORD AVENUE since 1^st 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 8 GUILDFORD 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
2021 30 JUN	£272,000	£437,914	38% below HPI
2010 1 SEP	£160,000	£247,196	35% below HPI

8 GUILDFORD 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 two 8 GUILDFORD AVENUE sales from September 2010 and June 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 September 2010 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 8 GUILDFORD AVENUE?

8 GUILDFORD AVENUE is 105m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the largest 50% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 8 GUILDFORD AVENUE lies on this distribution: 50% of detached houses are smaller than 8 GUILDFORD AVENUE, and 49% of houses are larger. Note that EPC data is not available for all properties in Margate.

8 GUILDFORD AVENUE: Plot and Title Map

8 GUILDFORD AVENUE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 8 GUILDFORD 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 GUILDFORD 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 GUILDFORD AVENUE?

8 GUILDFORD AVENUE is located in WESTGATE-ON-SEA, in the CT8 postcode district. The below map shows the position of No. 8 on GUILDFORD AVENUE.