2A, MOLINEUX ROAD, MINSTER, RAMSGATE, CT12 4DP - £197,500

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

2A MOLINEUX ROAD is a very small detached house of 72m², built sometime between 1996 and 2002. It was last sold for £197,500 in November 2013, which was around 20% below the average November 2013 detached price in the Thanet local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

2A MOLINEUX ROAD Sold Prices

Land registry data shows two sales for 2A MOLINEUX 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 2A MOLINEUX 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
2013 20 NOV	£197,500	£248,117	20% below HPI
2004 5 MAR	£185,000	£216,087	14% below HPI

2A MOLINEUX 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 2A MOLINEUX ROAD sales from March 2004 and November 2013 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 2004 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2013 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2A MOLINEUX ROAD?

2A MOLINEUX ROAD is 72m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 20% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where 2A MOLINEUX ROAD lies on this distribution: 13% of detached houses are smaller than 2A MOLINEUX ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Minster.

2A MOLINEUX ROAD: Plot and Title Map

2A MOLINEUX ROAD sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 2A MOLINEUX 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 2A MOLINEUX 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 2A MOLINEUX ROAD?

2A MOLINEUX ROAD is located in MINSTER, in the CT12 postcode district. The below map shows the position of No. 2A on MOLINEUX ROAD.