27, GRASMERE AVENUE, RAMSGATE, CT11 0PP - £309,995

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

27 GRASMERE AVENUE is a very small detached house of 64m², built sometime between 1967 and 1975. It was last sold for £309,995 in August 2018, which was around 22% below the average August 2018 detached price in the Thanet local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

27 GRASMERE AVENUE Sold Prices

Land registry data shows two sales for 27 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 27 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
2018 31 AUG	£309,995	£397,585	22% below HPI
2012 30 MAR	£157,500	£225,397	30% below HPI

27 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 27 GRASMERE AVENUE sales from March 2012 and August 2018 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 March 2012 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2018 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 27 GRASMERE AVENUE?

27 GRASMERE AVENUE is 64m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 20% of detached houses in Ramsgate, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsgate, and where 27 GRASMERE AVENUE lies on this distribution: 11% of detached houses are smaller than 27 GRASMERE AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

27 GRASMERE AVENUE: Plot and Title Map

27 GRASMERE AVENUE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 27 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 27 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 27 GRASMERE AVENUE?

27 GRASMERE AVENUE is located in RAMSGATE, in the CT11 postcode district. The below map shows the position of No. 27 on GRASMERE AVENUE.