2, VALE PLACE, RAMSGATE, CT11 9LL - £139,950

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 VALE PLACE is a midsized detached house of 110m², built sometime between 1996 and 2002, which could now be worth an estimated £356,230. It was last sold for £139,950 in November 2002, which was around 25% below the average November 2002 detached price in the Thanet local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.

2 VALE PLACE Sold Prices

Land registry data shows two sales for 2 VALE PLACE 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 VALE PLACE 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
2002 26 NOV	£139,950	£186,927	25% below HPI
1996 12 JUL	£52,000	£71,481	27% below HPI

2 VALE PLACE 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 VALE PLACE sales from July 1996 and November 2002 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 July 1996 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2002 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 2 VALE PLACE be worth now?

2 VALE PLACE might now be worth an estimated £356,230.

This is based on house price inflation of 154.5%, between November 2002 and December 2024, 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 154.5% inflationary increase is applied to the most recent sale price for 2 VALE PLACE of £139,950 on 26th November 2002. For the value to have increased from £139,950 to £356,230 over the 21 years and eleven months to December 2024, the following assumptions must hold true:

• The value of 2 VALE PLACE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The November 2002 sale price of £139,950 represented a fair market value for the property.
• The size, condition, and specification of 2 VALE PLACE has not materially changed since November 2002.

How Large is 2 VALE PLACE?

2 VALE PLACE is 110m² according to the EPC inspection conducted in September 2024. 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 VALE PLACE lies on this distribution: 59% of detached houses houses are smaller than 2 VALE PLACE, and 40% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

2 VALE PLACE: Plot and Title Map

2 VALE PLACE sits on a plot of roughly 0.032 of an acre, or 128m². The below map shows the location of 2 VALE PLACE, 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 VALE PLACE). 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 VALE PLACE?

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