267, MARGATE ROAD, RAMSGATE, CT12 6TE - £270,000

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

267 MARGATE ROAD is a small detached house of 73m², built sometime between 1930 and 1949. It was last sold for £270,000 in July 2022, which was around 48% below the average July 2022 detached price in the Thanet local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

267 MARGATE ROAD Sold Prices

Land registry data shows three sales for 267 MARGATE ROAD 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 267 MARGATE ROAD 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 15 JUL	£270,000	£515,614	48% below HPI
2013 15 NOV	£160,000	£248,117	36% below HPI
1998 24 NOV	£56,950	£88,662	36% below HPI

267 MARGATE ROAD 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 267 MARGATE ROAD sales between November 1998 and July 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 November 2013 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2022 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 267 MARGATE ROAD?

267 MARGATE ROAD is 73m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 30% of detached houses in Ramsgate, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsgate, and where 267 MARGATE ROAD lies on this distribution: 21% of detached houses are smaller than 267 MARGATE ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

267 MARGATE ROAD: Plot and Title Map

267 MARGATE ROAD sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 267 MARGATE ROAD, 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 267 MARGATE ROAD). 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 267 MARGATE ROAD?

267 MARGATE ROAD is located in RAMSGATE, in the CT12 postcode district. The below map shows the position of No. 267 on MARGATE ROAD.