323, RAMSGATE ROAD, MARGATE, CT9 4DY - £225,000

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

323 RAMSGATE ROAD is a very small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £225,000 in January 2015, which was around 21% below the average January 2015 detached price in the Thanet local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was D.

323 RAMSGATE ROAD Sold Prices

Land registry data shows four sales for 323 RAMSGATE ROAD 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 323 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
2015 23 JAN	£225,000	£283,259	21% below HPI
2008 20 MAR	£222,500	£268,819	17% below HPI
2007 12 OCT	£224,995	£271,622	17% below HPI
2005 31 OCT	£77,500	£237,444	67% below HPI

323 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 four 323 RAMSGATE ROAD sales between October 2005 and January 2015 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 March 2008 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2015 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 323 RAMSGATE ROAD?

323 RAMSGATE ROAD is 75m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 20% of detached houses in Broadstairs, based on EPC data. The below chart shows the distribution of detached houses by size in Broadstairs, and where 323 RAMSGATE ROAD lies on this distribution: 13% of detached houses are smaller than 323 RAMSGATE ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Broadstairs.

323 RAMSGATE ROAD: Plot and Title Map

323 RAMSGATE ROAD sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 323 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 323 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 323 RAMSGATE ROAD?

323 RAMSGATE ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 323 on RAMSGATE ROAD.