40, PALM BAY AVENUE, CLIFTONVILLE, MARGATE, CT9 3NR - £480,000

40 PALM BAY AVENUE is a large extended detached house of 146m², built sometime between 1950 and 1966. It was last sold for £480,000 in October 2019, which was around 21% above the average October 2019 detached price in the Thanet local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

40 PALM BAY AVENUE Sold Prices

Land registry data shows two sales for 40 PALM BAY 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 40 PALM BAY 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
2019 11 OCT	£480,000	£398,117	21% above HPI
2013 1 OCT	£300,000	£246,536	22% above HPI

40 PALM BAY 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 40 PALM BAY AVENUE sales from October 2013 and October 2019 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 October 2013 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the October 2019 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 40 PALM BAY AVENUE?

40 PALM BAY AVENUE is 146m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the largest 30% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 40 PALM BAY AVENUE lies on this distribution: 79% of detached houses are smaller than 40 PALM BAY AVENUE, and 21% of houses are larger. Note that EPC data is not available for all properties in Margate.

40 PALM BAY AVENUE: Plot and Title Map

40 PALM BAY AVENUE sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 40 PALM BAY 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 40 PALM BAY 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 40 PALM BAY AVENUE?

40 PALM BAY AVENUE is located in CLIFTONVILLE, in the CT9 postcode district. The below map shows the position of No. 40 on PALM BAY AVENUE.