3, GRASMERE AVENUE, RAMSGATE, CT11 0PR - £360,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

3 GRASMERE AVENUE is a small detached house of 89m², built sometime between 1950 and 1966. It was last sold for £360,000 in February 2021, which was around 17% below the average February 2021 detached price in the Thanet local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

3 GRASMERE AVENUE Sold Prices

Land registry data shows three sales for 3 GRASMERE AVENUE 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 3 GRASMERE AVENUE 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 11 FEB	£360,000	£433,486	17% below HPI
2015 18 FEB	£239,995	£284,065	16% below HPI
1999 2 DEC	£85,000	£98,717	14% below HPI

3 GRASMERE AVENUE 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 3 GRASMERE AVENUE sales between December 1999 and February 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 February 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 3 GRASMERE AVENUE?

3 GRASMERE AVENUE is 89m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 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 3 GRASMERE AVENUE lies on this distribution: 38% of detached houses are smaller than 3 GRASMERE AVENUE, and 61% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

3 GRASMERE AVENUE: Plot and Title Map

3 GRASMERE AVENUE sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 3 GRASMERE AVENUE, 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 3 GRASMERE AVENUE). 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 3 GRASMERE AVENUE?

3 GRASMERE AVENUE is located in RAMSGATE, in the CT11 postcode district. The below map shows the position of No. 3 on GRASMERE AVENUE.