2, DOWNS ROAD, RAMSGATE, CT11 0LU - £515,000

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 DOWNS ROAD is a very large detached house of 179m², built sometime between 1900 and 1929. It was last sold for £515,000 in January 2018, which was around 33% above the average January 2018 detached price in the Thanet local authority area. The most recent EPC inspection was August 2012, where the current energy rating was E, and the potential energy rating was C.

2 DOWNS ROAD Sold Prices

Land registry data shows four sales for 2 DOWNS ROAD 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 2 DOWNS ROAD sales were for above 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
2018 25 JAN	£515,000	£387,142	33% above HPI
2014 28 FEB	£335,000	£255,417	31% above HPI
2001 24 OCT	£160,000	£138,227	16% above HPI
1998 25 SEP	£94,000	£85,248	10% above HPI

2 DOWNS 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 four 2 DOWNS ROAD sales between September 1998 and January 2018 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 2014 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the January 2018 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 2 DOWNS ROAD?

2 DOWNS ROAD is 179m² according to the EPC inspection conducted in August 2012. This puts it in the largest 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 DOWNS ROAD lies on this distribution: 88% of detached houses are smaller than 2 DOWNS ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

2 DOWNS ROAD: Plot and Title Map

2 DOWNS ROAD sits on a plot of roughly 0.233 of an acre, or 942m². The below map shows the location of 2 DOWNS 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 2 DOWNS 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 2 DOWNS ROAD?

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