29, PARK ROAD, RAMSGATE, CT11 7QP - £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

29 PARK ROAD is a large extended detached house of 131m², built sometime between 1930 and 1949. It was last sold for £225,000 in May 2005, which was around 4% 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	£234,627	4% below HPI
2003 11 NOV	£183,000	£207,274	12% 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 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2005 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

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 in Ramsgate, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsgate, and where 29 PARK ROAD lies on this distribution: 73% of detached houses are smaller than 29 PARK ROAD, and 26% 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.