9, MAGNOLIA AVENUE, MARGATE, CT9 3DS - £305,000

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.

9 MAGNOLIA AVENUE is a small detached house of 95m², built sometime between 1967 and 1975, which could now be worth an estimated £509,216. It was last sold for £305,000 in June 2015, which was around 4% above the average June 2015 detached price in the Thanet local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

9 MAGNOLIA AVENUE Sold Prices

Land registry data shows two sales for 9 MAGNOLIA 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. One of the two 9 MAGNOLIA AVENUE sales was for above the average price, whilst the other was 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
2015 12 JUN	£305,000	£292,886	4% above HPI
2011 25 JUL	£230,000	£239,254	4% below HPI

9 MAGNOLIA 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 9 MAGNOLIA AVENUE sales from July 2011 and June 2015 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 July 2011 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2015 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 9 MAGNOLIA AVENUE be worth now?

9 MAGNOLIA AVENUE might now be worth an estimated £509,216.

This is based on house price inflation of 67%, between June 2015 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 67% inflationary increase is applied to the most recent sale price for 9 MAGNOLIA AVENUE of £305,000 on 12th June 2015. For the value to have increased from £305,000 to £509,216 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 9 MAGNOLIA AVENUE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The June 2015 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 9 MAGNOLIA AVENUE has not materially changed since June 2015.

How Large is 9 MAGNOLIA AVENUE?

9 MAGNOLIA AVENUE is 95m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 40% 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 9 MAGNOLIA AVENUE lies on this distribution: 39% of detached houses houses are smaller than 9 MAGNOLIA AVENUE, and 60% of houses are larger. Note that EPC data is not available for all properties in Margate.

9 MAGNOLIA AVENUE: Plot and Title Map

9 MAGNOLIA AVENUE sits on a plot of roughly 0.159 of an acre, or 644m². The below map shows the location of 9 MAGNOLIA 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 9 MAGNOLIA 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 9 MAGNOLIA AVENUE?

9 MAGNOLIA AVENUE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 9 on MAGNOLIA AVENUE.