168, SOUTHWOOD ROAD, RAMSGATE, CT11 0BA - £175,000

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

168 SOUTHWOOD ROAD is a very small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £175,000 in December 2015, which was around 44% below the average December 2015 detached price in the Thanet local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

168 SOUTHWOOD ROAD Sold Prices

Land registry data shows two sales for 168 SOUTHWOOD ROAD 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 168 SOUTHWOOD ROAD 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
2015 2 DEC	£175,000	£309,753	44% below HPI
1998 11 SEP	£43,000	£85,248	50% below HPI

168 SOUTHWOOD 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 two 168 SOUTHWOOD ROAD sales from September 1998 and December 2015 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 September 1998 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the December 2015 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 168 SOUTHWOOD ROAD?

168 SOUTHWOOD ROAD is 69m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of detached houses in Ramsgate, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsgate, and where 168 SOUTHWOOD ROAD lies on this distribution: 16% of detached houses are smaller than 168 SOUTHWOOD ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

168 SOUTHWOOD ROAD: Plot and Title Map

168 SOUTHWOOD ROAD sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 168 SOUTHWOOD 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 168 SOUTHWOOD 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 168 SOUTHWOOD ROAD?

168 SOUTHWOOD ROAD is located in RAMSGATE, in the CT11 postcode district. The below map shows the position of No. 168 on SOUTHWOOD ROAD.