11, WATCHESTER LANE, MINSTER, RAMSGATE, CT12 4DA - £465,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 WATCHESTER LANE is a large extended detached house of 127m², built sometime between 1950 and 1966. It was last sold for £465,000 in January 2021, which was around 8% above the average January 2021 detached price in the Thanet local authority area. The most recent EPC inspection was March 2012, where the current energy rating was F, and the potential energy rating was D.

11 WATCHESTER LANE Sold Prices

Land registry data shows two sales for 11 WATCHESTER LANE 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. One of the two 11 WATCHESTER LANE sales was for above the average price, whilst the other 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
2021 22 JAN	£465,000	£432,015	8% above HPI
2019 13 FEB	£355,000	£387,920	8% below HPI

11 WATCHESTER LANE 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 11 WATCHESTER LANE sales from February 2019 and January 2021 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 February 2019 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2021 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 11 WATCHESTER LANE?

11 WATCHESTER LANE is 127m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the largest 40% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where 11 WATCHESTER LANE lies on this distribution: 69% of detached houses are smaller than 11 WATCHESTER LANE, and 31% of houses are larger. Note that EPC data is not available for all properties in Minster.

11 WATCHESTER LANE: Plot and Title Map

11 WATCHESTER LANE sits on a plot of roughly 0.278 of an acre, or 1,123m². The below map shows the location of 11 WATCHESTER LANE, 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 11 WATCHESTER LANE). 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 11 WATCHESTER LANE?

11 WATCHESTER LANE is located in MINSTER, in the CT12 postcode district. The below map shows the position of No. 11 on WATCHESTER LANE.