3, SPENCER SQUARE, RAMSGATE, CT11 9LA - £198,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 SPENCER SQUARE is a small detached house of 89m², built sometime before 1900. It was last sold for £198,500 in May 2019, which was around 49% below the average May 2019 detached price in the Thanet local authority area. The most recent EPC inspection was November 2024, where the current energy rating was C, and the potential energy rating was C.

3 SPENCER SQUARE Sold Prices

Land registry data shows four sales for 3 SPENCER SQUARE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. All of the four 3 SPENCER SQUARE 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
2019 20 MAY	£198,500	£388,166	49% below HPI
2007 6 NOV	£183,870	£270,548	32% below HPI
2007 30 APR	£165,000	£257,984	36% below HPI
1999 5 MAR	£50,000	£88,732	44% below HPI

3 SPENCER SQUARE 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 four 3 SPENCER SQUARE sales between March 1999 and May 2019 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 2007 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2019 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 3 SPENCER SQUARE?

3 SPENCER SQUARE is 89m² according to the EPC inspection conducted in November 2024. 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 SPENCER SQUARE lies on this distribution: 38% of detached houses are smaller than 3 SPENCER SQUARE, and 61% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

3 SPENCER SQUARE: Plot and Title Map

3 SPENCER SQUARE sits on a plot of roughly 0.015 of an acre, or 63m². The below map shows the location of 3 SPENCER SQUARE, 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 SPENCER SQUARE). 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 SPENCER SQUARE?

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