2, PEGWELL ROAD, RAMSGATE, CT11 0HU - £700,000

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 PEGWELL ROAD is a midsized extended detached house of 103m², built sometime before 1900. It was last sold for £700,000 in March 2024, which was around 50% above the average March 2024 detached price in the Thanet local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

2 PEGWELL ROAD Sold Prices

Land registry data shows three sales for 2 PEGWELL ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. All of the three 2 PEGWELL 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
2024 15 MAR	£700,000	£465,605	50% above HPI
2013 12 AUG	£300,000	£242,341	24% above HPI
1997 4 JAN	£120,000	£72,607	65% above HPI

2 PEGWELL 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 three 2 PEGWELL ROAD sales between January 1997 and March 2024 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 August 2013 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the March 2024 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 2 PEGWELL ROAD?

2 PEGWELL ROAD is 103m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 50% 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 PEGWELL ROAD lies on this distribution: 52% of detached houses are smaller than 2 PEGWELL ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

2 PEGWELL ROAD: Plot and Title Map

2 PEGWELL ROAD sits on a plot of roughly 0.322 of an acre, or 1,304m². The below map shows the location of 2 PEGWELL 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 PEGWELL 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 PEGWELL ROAD?

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