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

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

315 RAMSGATE ROAD is a small detached house of 88m², built sometime between 1950 and 1966. It was last sold for £395,000 in August 2021, which was around 12% 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	£449,811	12% below HPI
1996 5 JAN	£68,000	£69,977	3% 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 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

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 in Broadstairs, based on EPC data. The below chart shows the distribution of detached houses by size in Broadstairs, and where 315 RAMSGATE ROAD lies on this distribution: 25% of detached houses are smaller than 315 RAMSGATE ROAD, and 74% 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.