2, ELM GROVE, MANSTON, RAMSGATE, CT12 5EF - £540,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 ELM GROVE is a large extended detached house of 163m², built sometime between 1996 and 2002, which could now be worth an estimated £649,470. It was last sold for £540,000 in August 2018, which was around 33% above the average August 2018 detached price in the Thanet local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was C.

2 ELM GROVE Sold Prices

Land registry data shows four sales for 2 ELM GROVE 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 ELM GROVE 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 17 AUG	£540,000	£406,570	33% above HPI
2017 27 APR	£515,000	£363,803	42% above HPI
2011 26 JAN	£355,000	£248,848	43% above HPI
2000 15 MAR	£215,000	£112,506	91% above HPI

2 ELM 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 four 2 ELM GROVE sales between March 2000 and August 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 April 2017 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the August 2018 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 2 ELM GROVE be worth now?

2 ELM GROVE might now be worth an estimated £649,470.

This is based on house price inflation of 20.3%, between August 2018 and February 2025, for detached houses, in the Thanet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.3% inflationary increase is applied to the most recent sale price for 2 ELM GROVE of £540,000 on 17th August 2018. For the value to have increased from £540,000 to £649,470 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 2 ELM GROVE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The August 2018 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ELM GROVE has not materially changed since August 2018.

How Large is 2 ELM GROVE?

2 ELM GROVE is 163m², which includes three extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 20% of detached houses houses in Manston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Manston, and where 2 ELM GROVE lies on this distribution: 77% of detached houses houses are smaller than 2 ELM GROVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Manston.

2 ELM GROVE: Plot and Title Map

2 ELM GROVE sits on a plot of roughly 0.172 of an acre, or 695m². The below map shows the location of 2 ELM 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 ELM 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 ELM GROVE?

2 ELM GROVE is located in MANSTON, in the CT12 postcode district. The below map shows the position of No. 2 on ELM GROVE.