315, RAMSGATE ROAD, MARGATE, CT9 4DY - £395,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

315 RAMSGATE ROAD is a small detached house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £419,915. It was last sold for £395,000 in August 2021, which was around 14% below the average August 2021 detached price in the Thanet local authority area. The most recent EPC inspection was March 2021, where the current energy rating was E, and the potential energy rating was D.

315 RAMSGATE ROAD Sold Prices

Land registry data shows two sales for 315 RAMSGATE 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 315 RAMSGATE 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
2021 19 AUG	£395,000	£459,977	14% below HPI
1996 5 JAN	£68,000	£71,558	5% below HPI

315 RAMSGATE 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 315 RAMSGATE ROAD sales from January 1996 and August 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 January 1996 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 315 RAMSGATE ROAD be worth now?

315 RAMSGATE ROAD might now be worth an estimated £419,915.

This is based on house price inflation of 6.3%, between August 2021 and February 2025, for detached houses, in the Thanet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.3% inflationary increase is applied to the most recent sale price for 315 RAMSGATE ROAD of £395,000 on 19th August 2021. For the value to have increased from £395,000 to £419,915 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 315 RAMSGATE ROAD has moved in line with the HPI for detached houses in the Thanet local authority area.
• The August 2021 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 315 RAMSGATE ROAD has not materially changed since August 2021.

How Large is 315 RAMSGATE ROAD?

315 RAMSGATE ROAD is 88m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 30% of detached houses houses in Broadstairs, based on EPC data. The below chart shows the distribution of detached houses houses by size in Broadstairs, and where 315 RAMSGATE ROAD lies on this distribution: 25% of detached houses houses are smaller than 315 RAMSGATE ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Broadstairs.

315 RAMSGATE ROAD: Plot and Title Map

315 RAMSGATE ROAD sits on a plot of roughly 0.201 of an acre, or 815m². The below map shows the location of 315 RAMSGATE 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 315 RAMSGATE 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 315 RAMSGATE ROAD?

315 RAMSGATE ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 315 on RAMSGATE ROAD.