16, ORCHARD CLOSE, RAMSGATE, CT12 6QR - £340,000

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

16 ORCHARD CLOSE is a very small detached house of 62m², built sometime between 1950 and 1966. It was last sold for £340,000 in March 2022, which was around 30% below the average March 2022 detached price in the Thanet local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

16 ORCHARD CLOSE Sold Prices

Land registry data shows four sales for 16 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. All of the four 16 ORCHARD CLOSE 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
2022 18 MAR	£340,000	£482,971	30% below HPI
2019 29 OCT	£270,000	£398,117	32% below HPI
2001 6 DEC	£119,000	£142,015	16% below HPI
1997 17 OCT	£49,000	£80,587	39% below HPI

16 ORCHARD CLOSE 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 four 16 ORCHARD CLOSE sales between October 1997 and March 2022 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 2019 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 16 ORCHARD CLOSE?

16 ORCHARD CLOSE is 62m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of detached houses in Ramsgate, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsgate, and where 16 ORCHARD CLOSE lies on this distribution: 8% of detached houses are smaller than 16 ORCHARD CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

16 ORCHARD CLOSE: Plot and Title Map

16 ORCHARD CLOSE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 16 ORCHARD CLOSE, 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 16 ORCHARD CLOSE). 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 16 ORCHARD CLOSE?

16 ORCHARD CLOSE is located in RAMSGATE, in the CT12 postcode district. The below map shows the position of No. 16 on ORCHARD CLOSE.