48, CLARENCE AVENUE, MARGATE, CT9 3DR - £341,000

48 CLARENCE AVENUE is a small detached house of 88m², built sometime between 1950 and 1966. It was last sold for £341,000 in September 2019, which was around 16% below the average September 2019 detached price in the Thanet local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

48 CLARENCE AVENUE Sold Prices

Land registry data shows two sales for 48 CLARENCE 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 48 CLARENCE AVENUE 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
2019 19 SEP	£341,000	£406,248	16% below HPI
2007 5 OCT	£245,000	£271,622	10% below HPI

48 CLARENCE 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 48 CLARENCE AVENUE sales from October 2007 and September 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 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 48 CLARENCE AVENUE?

48 CLARENCE AVENUE is 88m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 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 48 CLARENCE AVENUE lies on this distribution: 29% of detached houses are smaller than 48 CLARENCE AVENUE, and 70% of houses are larger. Note that EPC data is not available for all properties in Margate.

48 CLARENCE AVENUE: Plot and Title Map

48 CLARENCE AVENUE sits on a plot of roughly 0.156 of an acre, or 630m². The below map shows the location of 48 CLARENCE 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 48 CLARENCE 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 48 CLARENCE AVENUE?

48 CLARENCE AVENUE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 48 on CLARENCE AVENUE.