2, PEGWELL AVENUE, RAMSGATE, CT11 0NL - £287,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 PEGWELL AVENUE is a midsized extended detached house of 106m², built sometime between 1900 and 1929, which could now be worth an estimated £378,616. It was last sold for £287,500 in July 2017, which was around 23% below the average July 2017 detached price in the Thanet local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

2 PEGWELL AVENUE Sold Prices

Land registry data shows five sales for 2 PEGWELL AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. Most of the five 2 PEGWELL AVENUE 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
2017 21 JUL	£287,500	£371,313	23% below HPI
2011 27 MAY	£230,000	£235,398	2% below HPI
2008 1 DEC	£231,000	£235,788	2% below HPI
2004 16 APR	£186,000	£221,693	16% below HPI
2002 28 MAR	£150,000	£148,313	1% above HPI

2 PEGWELL AVENUE 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 five 2 PEGWELL AVENUE sales between March 2002 and July 2017 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 May 2011 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2017 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 2 PEGWELL AVENUE be worth now?

2 PEGWELL AVENUE might now be worth an estimated £378,616.

This is based on house price inflation of 31.7%, between July 2017 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 31.7% inflationary increase is applied to the most recent sale price for 2 PEGWELL AVENUE of £287,500 on 21st July 2017. For the value to have increased from £287,500 to £378,616 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 2 PEGWELL AVENUE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The July 2017 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of 2 PEGWELL AVENUE has not materially changed since July 2017.

How Large is 2 PEGWELL AVENUE?

2 PEGWELL AVENUE is 106m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the largest 50% of detached houses houses in Ramsgate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ramsgate, and where 2 PEGWELL AVENUE lies on this distribution: 56% of detached houses houses are smaller than 2 PEGWELL AVENUE, and 44% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

2 PEGWELL AVENUE: Plot and Title Map

2 PEGWELL AVENUE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 2 PEGWELL AVENUE, 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 PEGWELL AVENUE). 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 PEGWELL AVENUE?

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