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
325 RAMSGATE ROAD is a small extended detached house of 83m², built sometime between 1950 and 1966. It was last sold for £307,500 in March 2022, which was around 36% below the average March 2022 detached price in the Thanet local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 325 RAMSGATE ROAD since 1st 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 325 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 |
---|---|---|---|
2022 9 MAR | £307,500 | £482,971 | 36% below HPI |
2014 25 APR | £190,000 | £261,281 | 27% below HPI |
2001 6 NOV | £96,000 | £137,122 | 30% below HPI |
The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The three 325 RAMSGATE ROAD sales between November 2001 and March 2022 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 April 2014 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2022 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.
325 RAMSGATE ROAD is 83m², which includes two extensions, according to the EPC inspection conducted in July 2024. 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 325 RAMSGATE ROAD lies on this distribution: 21% of detached houses are smaller than 325 RAMSGATE ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Broadstairs.
325 RAMSGATE ROAD sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of 325 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 325 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.
325 RAMSGATE ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 325 on RAMSGATE ROAD.