2, ABBEY GROVE, RAMSGATE, CT11 0JG - £225,000

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

2 ABBEY GROVE is a midsized detached house of 108m², built sometime between 1950 and 1966. It was last sold for £225,000 in June 2012, which was around 3% below the average June 2012 detached price in the Thanet local authority area. The most recent EPC inspection was July 2014, where the current energy rating was B, and the potential energy rating was B.

2 ABBEY GROVE Sold Prices

Land registry data shows two sales for 2 ABBEY GROVE 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 2 ABBEY GROVE 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
2012 1 JUN	£225,000	£230,982	3% below HPI
2003 23 SEP	£160,000	£201,845	21% below HPI

2 ABBEY GROVE 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 2 ABBEY GROVE sales from September 2003 and June 2012 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 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2012 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 2 ABBEY GROVE?

2 ABBEY GROVE is 108m² according to the EPC inspection conducted in July 2014. This puts it in the largest 50% of detached houses in Ramsgate, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsgate, and where 2 ABBEY GROVE lies on this distribution: 58% of detached houses are smaller than 2 ABBEY GROVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

2 ABBEY GROVE: Plot and Title Map

2 ABBEY GROVE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 2 ABBEY GROVE, 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 2 ABBEY GROVE). 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 2 ABBEY GROVE?

2 ABBEY GROVE is located in RAMSGATE, in the CT11 postcode district. The below map shows the position of No. 2 on ABBEY GROVE.