3, PARK ROAD, RAMSGATE, CT11 7QN - £535,000

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

3 PARK ROAD is a very large extended detached house of 311m², built sometime before 1900. It was last sold for £535,000 in December 2020, which was around 25% above the average December 2020 detached price in the Thanet local authority area. The most recent EPC inspection was April 2010, where the current energy rating was F, and the potential energy rating was E.

3 PARK ROAD Sold Prices

Land registry data shows three sales for 3 PARK ROAD 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 PARK ROAD sales were for above 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
2020 10 DEC	£535,000	£426,741	25% above HPI
2001 31 AUG	£200,000	£134,982	48% above HPI
2001 16 FEB	£162,500	£119,273	36% above HPI

3 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 three 3 PARK ROAD sales between February 2001 and December 2020 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 August 2001 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the December 2020 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 3 PARK ROAD?

3 PARK ROAD is 311m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the largest 10% 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 PARK ROAD lies on this distribution: 98% of detached houses are smaller than 3 PARK ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

3 PARK ROAD: Plot and Title Map

3 PARK ROAD sits on a plot of roughly 0.213 of an acre, or 860m². The below map shows the location of 3 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 3 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 3 PARK ROAD?

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