23, BURGESS CLOSE, MINSTER, RAMSGATE, CT12 4BD - £62,500

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.

23 BURGESS CLOSE is a very small semi-detached house of 43m², built sometime between 1996 and 2002, which could now be worth an estimated £183,441. It was last sold for £62,500 in October 2002, which was around 45% below the average October 2002 semi-detached price in the Thanet local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was C.

23 BURGESS CLOSE Sold Prices

Land registry data shows two sales for 23 BURGESS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Thanet local authority area for the corresponding sale date. Both of the two 23 BURGESS CLOSE 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 14 OCT	£62,500	£113,320	45% below HPI
1998 30 SEP	£29,000	£54,937	47% below HPI

23 BURGESS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Thanet local authority area over time, sourced from the HPI. The two 23 BURGESS CLOSE sales from September 1998 and October 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 September 1998 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the October 2002 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 23 BURGESS CLOSE be worth now?

23 BURGESS CLOSE might now be worth an estimated £183,441.

This is based on house price inflation of 193.5%, between October 2002 and February 2025, for semi-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 193.5% inflationary increase is applied to the most recent sale price for 23 BURGESS CLOSE of £62,500 on 14th October 2002. For the value to have increased from £62,500 to £183,441 over the 23 years and eight months to February 2025, the following assumptions must hold true:

• The value of 23 BURGESS CLOSE has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The October 2002 sale price of £62,500 represented a fair market value for the property.
• The size, condition, and specification of 23 BURGESS CLOSE has not materially changed since October 2002.

How Large is 23 BURGESS CLOSE?

23 BURGESS CLOSE is 43m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of semi-detached houses houses in Minster, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Minster, and where 23 BURGESS CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 23 BURGESS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Minster.

23 BURGESS CLOSE: Plot and Title Map

23 BURGESS CLOSE sits on a plot of roughly 0.281 of an acre, or 1,137m². The below map shows the location of 23 BURGESS CLOSE, 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 23 BURGESS CLOSE). 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 23 BURGESS CLOSE?

23 BURGESS CLOSE is located in MINSTER, in the CT12 postcode district. The below map shows the position of No. 23 on BURGESS CLOSE.