Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 COXES LANE is a very small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £173,000 in June 2010, which was around 28% below the average June 2010 detached price in the Thanet local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 2 COXES LANE since 1st 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 COXES LANE 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 |
---|---|---|---|
2010 10 JUN | £173,000 | £239,473 | 28% below HPI |
2009 12 MAR | £135,000 | £220,503 | 39% below HPI |
The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The two 2 COXES LANE sales from March 2009 and June 2010 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 March 2009 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the June 2010 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.
2 COXES LANE is 69m² according to the EPC inspection conducted in July 2009. 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 2 COXES LANE lies on this distribution: 18% of detached houses are smaller than 2 COXES LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.
2 COXES LANE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 2 COXES 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 2 COXES 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.
2 COXES LANE is located in RAMSGATE, in the CT12 postcode district. The below map shows the position of No. 2 on COXES LANE.