9, PRICES AVENUE, MARGATE, CT9 2NS - £545,000

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 PRICES AVENUE is a very large extended semi-detached house of 173m², built sometime before 1900, which could now be worth an estimated £610,378. It was last sold for £545,000 in May 2021, which was around 84% above the average May 2021 semi-detached price in the Thanet local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was C.

9 PRICES AVENUE Sold Prices

Land registry data shows two sales for 9 PRICES AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Thanet local authority area for the corresponding sale date. Both of the two 9 PRICES 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
2021 25 MAY	£545,000	£296,976	84% above HPI
2015 10 APR	£242,500	£192,841	26% above HPI

9 PRICES AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Thanet local authority area over time, sourced from the HPI. The two 9 PRICES AVENUE sales from April 2015 and May 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 April 2015 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the May 2021 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.

What might 9 PRICES AVENUE be worth now?

9 PRICES AVENUE might now be worth an estimated £610,378.

This is based on house price inflation of 12%, between May 2021 and February 2025, for semi-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 12% inflationary increase is applied to the most recent sale price for 9 PRICES AVENUE of £545,000 on 25th May 2021. For the value to have increased from £545,000 to £610,378 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 9 PRICES AVENUE has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The May 2021 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PRICES AVENUE has not materially changed since May 2021.

How Large is 9 PRICES AVENUE?

9 PRICES AVENUE is 173m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 20% of semi-detached houses houses in Margate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Margate, and where 9 PRICES AVENUE lies on this distribution: 88% of semi-detached houses houses are smaller than 9 PRICES AVENUE, and 12% of houses are larger. Note that EPC data is not available for all properties in Margate.

9 PRICES AVENUE: Plot and Title Map

9 PRICES AVENUE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 9 PRICES 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 PRICES 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 PRICES AVENUE?

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