22, GRASMERE AVENUE, RAMSGATE, CT11 0PR - £149,950

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

22 GRASMERE AVENUE is a very small detached house of 54m², built sometime between 1967 and 1975. It was last sold for £149,950 in March 2004, which was around 31% below the average March 2004 detached price in the Thanet local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

22 GRASMERE AVENUE Sold Prices

Land registry data shows two sales for 22 GRASMERE AVENUE 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 22 GRASMERE 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
2004 29 MAR	£149,950	£216,087	31% below HPI
2003 30 MAY	£115,000	£194,402	41% below HPI

22 GRASMERE 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 two 22 GRASMERE AVENUE sales from May 2003 and March 2004 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 2003 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the March 2004 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 22 GRASMERE AVENUE?

22 GRASMERE AVENUE is 54m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 10% of detached houses in Ramsgate, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsgate, and where 22 GRASMERE AVENUE lies on this distribution: 3% of detached houses are smaller than 22 GRASMERE AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

22 GRASMERE AVENUE: Plot and Title Map

22 GRASMERE AVENUE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 22 GRASMERE 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 22 GRASMERE 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 22 GRASMERE AVENUE?

22 GRASMERE AVENUE is located in RAMSGATE, in the CT11 postcode district. The below map shows the position of No. 22 on GRASMERE AVENUE.