2, GORDON ROAD, RAMSGATE, CT11 7HU - £235,000

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 GORDON ROAD is a small extended detached house of 82m², built sometime between 1900 and 1929. It was last sold for £235,000 in October 2021, which was around 49% below the average October 2021 detached price in the Thanet local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was C.

2 GORDON ROAD Sold Prices

Land registry data shows two sales for 2 GORDON 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 2 GORDON 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
2021 18 OCT	£235,000	£464,611	49% below HPI
2004 9 MAR	£92,500	£216,087	57% below HPI

2 GORDON 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 2 GORDON ROAD sales from March 2004 and October 2021 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 2004 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the October 2021 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 2 GORDON ROAD?

2 GORDON ROAD is 82m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 40% 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 GORDON ROAD lies on this distribution: 31% of detached houses are smaller than 2 GORDON ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

2 GORDON ROAD: Plot and Title Map

2 GORDON ROAD sits on a plot of roughly 0.032 of an acre, or 131m². The below map shows the location of 2 GORDON 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 GORDON 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 GORDON ROAD?

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