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
91 PARK AVENUE is a midsized extended detached house of 99m², built sometime between 1950 and 1966. It was last sold for £315,000 in July 2016, which was around 6% below the average July 2016 detached price in the Thanet local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 91 PARK AVENUE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. The four 91 PARK AVENUE sales were a mix of below the average price, and roughly equal to 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 |
---|---|---|---|
2016 29 JUL | £315,000 | £335,200 | 6% below HPI |
2009 14 DEC | £199,000 | £233,218 | 15% below HPI |
2004 29 OCT | £233,000 | £239,876 | 3% below HPI |
1995 5 JAN | £69,500 | £69,389 | Close to HPI |
The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The four 91 PARK AVENUE sales between January 1995 and July 2016 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 December 2009 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2016 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.
91 PARK AVENUE is 99m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the smallest 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 91 PARK AVENUE lies on this distribution: 45% of detached houses are smaller than 91 PARK AVENUE, and 55% of houses are larger. Note that EPC data is not available for all properties in Margate.
91 PARK AVENUE sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 91 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 91 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.
91 PARK AVENUE is located in BIRCHINGTON, in the CT7 postcode district. The below map shows the position of No. 91 on PARK AVENUE.