2, WARWICK DRIVE, RAMSGATE, CT11 0JP - £368,000

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 WARWICK DRIVE is a midsized extended detached house of 96m², built sometime between 1967 and 1975. It was last sold for £368,000 in February 2022, which was around 24% below the average February 2022 detached price in the Thanet local authority area. The most recent EPC inspection was March 2021, where the current energy rating was E, and the potential energy rating was C.

2 WARWICK DRIVE Sold Prices

Land registry data shows three sales for 2 WARWICK DRIVE 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 WARWICK DRIVE 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
2022 7 FEB	£368,000	£484,423	24% below HPI
1999 26 OCT	£80,000	£97,393	18% below HPI
1999 26 FEB	£80,000	£87,292	8% below HPI

2 WARWICK DRIVE 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 WARWICK DRIVE sales between February 1999 and February 2022 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 October 1999 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 2 WARWICK DRIVE?

2 WARWICK DRIVE is 96m², which includes three extensions, according to the EPC inspection conducted in March 2021. This puts it in the smallest 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 WARWICK DRIVE lies on this distribution: 47% of detached houses are smaller than 2 WARWICK DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

2 WARWICK DRIVE: Plot and Title Map

2 WARWICK DRIVE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 2 WARWICK DRIVE, 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 WARWICK DRIVE). 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 WARWICK DRIVE?

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