29, PARK ROAD, RAMSGATE, CT11 7QP - £225,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

29 PARK ROAD is a large extended detached house of 131m², built sometime between 1930 and 1949, which could now be worth an estimated £446,200. It was last sold for £225,000 in May 2005, which was around 6% below the average May 2005 detached price in the Thanet local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

29 PARK ROAD Sold Prices

Land registry data shows two sales for 29 PARK ROAD 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 29 PARK 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
2005 19 MAY	£225,000	£239,929	6% below HPI
2003 11 NOV	£183,000	£211,958	14% below HPI

29 PARK 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 two 29 PARK ROAD sales from November 2003 and May 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 November 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2005 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 29 PARK ROAD be worth now?

29 PARK ROAD might now be worth an estimated £446,200.

This is based on house price inflation of 98.3%, between May 2005 and December 2024, for 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 98.3% inflationary increase is applied to the most recent sale price for 29 PARK ROAD of £225,000 on 19th May 2005. For the value to have increased from £225,000 to £446,200 over the eighteen years and five months to December 2024, the following assumptions must hold true:

• The value of 29 PARK ROAD has moved in line with the HPI for detached houses in the Thanet local authority area.
• The May 2005 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 29 PARK ROAD has not materially changed since May 2005.

How Large is 29 PARK ROAD?

29 PARK ROAD is 131m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 30% of detached houses houses in Ramsgate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ramsgate, and where 29 PARK ROAD lies on this distribution: 72% of detached houses houses are smaller than 29 PARK ROAD, and 27% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

29 PARK ROAD: Plot and Title Map

29 PARK ROAD sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 29 PARK 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 29 PARK 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 29 PARK ROAD?

29 PARK ROAD is located in RAMSGATE, in the CT11 postcode district. The below map shows the position of No. 29 on PARK ROAD.