29, THE RIDGEWAY, BROADSTAIRS, CT10 2HB - £355,000

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 THE RIDGEWAY is a very small detached house of 65m², built sometime between 1950 and 1966. It was last sold for £355,000 in June 2021, which was around 19% below the average June 2021 detached price in the Thanet local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

29 THE RIDGEWAY Sold Prices

Land registry data shows three sales for 29 THE RIDGEWAY 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 29 THE RIDGEWAY 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
2021 30 JUN	£355,000	£437,914	19% below HPI
2001 10 DEC	£118,000	£142,015	17% below HPI
1997 9 DEC	£66,000	£83,021	21% below HPI

29 THE RIDGEWAY 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 29 THE RIDGEWAY sales between December 1997 and June 2021 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 December 2001 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 29 THE RIDGEWAY?

29 THE RIDGEWAY is 65m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of detached houses in Broadstairs, based on EPC data. The below chart shows the distribution of detached houses by size in Broadstairs, and where 29 THE RIDGEWAY lies on this distribution: 4% of detached houses are smaller than 29 THE RIDGEWAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Broadstairs.

29 THE RIDGEWAY: Plot and Title Map

29 THE RIDGEWAY sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 29 THE RIDGEWAY, 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 THE RIDGEWAY). 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 THE RIDGEWAY?

29 THE RIDGEWAY is located in BROADSTAIRS, in the CT10 postcode district. The below map shows the position of No. 29 on THE RIDGEWAY.