50, MADEIRA ROAD, MARGATE, CT9 2QQ - £785,000

50 MADEIRA ROAD is a very large extended detached house of 245m², built sometime before 1900. It was last sold for £785,000 in June 2023, which was around 56% above the average June 2023 detached price in the Thanet local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was C.

50 MADEIRA ROAD Sold Prices

Land registry data shows three sales for 50 MADEIRA ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. Two of the three 50 MADEIRA ROAD sales were for above the average price, whilst one was 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
2023 16 JUN	£785,000	£503,905	56% above HPI
2013 23 AUG	£280,000	£242,341	16% above HPI
2006 3 FEB	£200,000	£239,369	16% below HPI

50 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 three 50 MADEIRA ROAD sales between February 2006 and June 2023 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 August 2013 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2023 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 50 MADEIRA ROAD?

50 MADEIRA ROAD is 245m², which includes three extensions, according to the EPC inspection conducted in January 2023. This puts it in the largest 10% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 50 MADEIRA ROAD lies on this distribution: 96% of detached houses are smaller than 50 MADEIRA ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Margate.

50 MADEIRA ROAD: Plot and Title Map

50 MADEIRA ROAD sits on a plot of roughly 0.237 of an acre, or 959m². The below map shows the location of 50 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 50 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 50 MADEIRA ROAD?

50 MADEIRA ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 50 on MADEIRA ROAD.