39, MADEIRA ROAD, MARGATE, CT9 2QH - £250,000

39 MADEIRA ROAD is a midsized detached house of 105m², built sometime between 1900 and 1929. It was last sold for £250,000 in May 2016, which was around 24% below the average May 2016 detached price in the Thanet local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.

39 MADEIRA ROAD Sold Prices

Land registry data shows two sales for 39 MADEIRA ROAD 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 39 MADEIRA ROAD 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
2016 6 MAY	£250,000	£328,129	24% below HPI
2014 3 SEP	£192,000	£276,667	31% below HPI

39 MADEIRA ROAD 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 39 MADEIRA ROAD sales from September 2014 and May 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 September 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2016 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 39 MADEIRA ROAD?

39 MADEIRA ROAD is 105m² according to the EPC inspection conducted in October 2014. 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 39 MADEIRA ROAD lies on this distribution: 51% of detached houses are smaller than 39 MADEIRA ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in Margate.

39 MADEIRA ROAD: Plot and Title Map

39 MADEIRA ROAD sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 39 MADEIRA ROAD, 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 39 MADEIRA ROAD). 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 39 MADEIRA ROAD?

39 MADEIRA ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 39 on MADEIRA ROAD.