375, MARGATE ROAD, RAMSGATE, CT12 6SE - £164,000

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

375 MARGATE ROAD is a very small extended semi-detached house of 71m², built sometime between 1930 and 1949. It was last sold for £164,000 in September 2015, which was around 46% below the average September 2015 detached price in the Thanet local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was C.

375 MARGATE ROAD Sold Prices

Land registry data shows three sales for 375 MARGATE ROAD since 1^st 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 375 MARGATE 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 15 SEP	£164,000	£302,553	46% below HPI
2001 19 JAN	£73,800	£119,928	38% below HPI
1997 16 OCT	£40,000	£80,587	50% below HPI

375 MARGATE 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 three 375 MARGATE ROAD sales between October 1997 and September 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 January 2001 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2015 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 375 MARGATE ROAD?

375 MARGATE ROAD is 71m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of detached houses in Ramsgate, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsgate, and where 375 MARGATE ROAD lies on this distribution: 19% of detached houses are smaller than 375 MARGATE ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

375 MARGATE ROAD: Plot and Title Map

375 MARGATE ROAD sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 375 MARGATE 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 375 MARGATE 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 375 MARGATE ROAD?

375 MARGATE ROAD is located in RAMSGATE, in the CT12 postcode district. The below map shows the position of No. 375 on MARGATE ROAD.