24, COXES LANE, RAMSGATE, CT12 6SA - £225,000

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

24 COXES LANE is a very small detached house of 62m², built sometime between 1950 and 1966. It was last sold for £225,000 in March 2017, which was around 37% below the average March 2017 detached price in the Thanet local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was C.

24 COXES LANE Sold Prices

Land registry data shows five sales for 24 COXES LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. All of the five 24 COXES LANE 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
2017 24 MAR	£225,000	£358,480	37% below HPI
2004 1 OCT	£174,000	£239,876	27% below HPI
2003 3 FEB	£135,000	£187,927	28% below HPI
2002 10 JUL	£96,000	£160,703	40% below HPI
1999 28 SEP	£62,995	£95,869	34% below HPI

24 COXES LANE 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 five 24 COXES LANE sales between September 1999 and March 2017 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 2004 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2017 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 24 COXES LANE?

24 COXES LANE is 62m² according to the EPC inspection conducted in December 2015. 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 24 COXES LANE lies on this distribution: 8% of detached houses are smaller than 24 COXES LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

24 COXES LANE: Plot and Title Map

24 COXES LANE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 24 COXES LANE, 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 24 COXES LANE). 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 24 COXES LANE?

24 COXES LANE is located in RAMSGATE, in the CT12 postcode district. The below map shows the position of No. 24 on COXES LANE.