Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
27 VALE SQUARE is a large extended detached house of 115m², built sometime between 1900 and 1929. It was last sold for £235,000 in November 2005, which was about the average November 2005 detached price in the Thanet local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 27 VALE SQUARE since 1st 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. One of the two 27 VALE SQUARE sales was roughly equal to the average price, whilst the other was 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 |
---|---|---|---|
2005 30 NOV | £235,000 | £235,709 | Close to HPI |
2002 10 MAY | £90,000 | £156,416 | 42% below HPI |
The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The two 27 VALE SQUARE sales from May 2002 and November 2005 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 2002 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2005 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
27 VALE SQUARE is 115m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 40% 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 VALE SQUARE lies on this distribution: 64% of detached houses are smaller than 27 VALE SQUARE, and 35% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.
27 VALE SQUARE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 27 VALE SQUARE, 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 VALE SQUARE). 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.
27 VALE SQUARE is located in RAMSGATE, in the CT11 postcode district. The below map shows the position of No. 27 on VALE SQUARE.