386, MARGATE ROAD, RAMSGATE, CT12 6SH - £369,000

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.

386 MARGATE ROAD is a large extended detached house of 127m², built sometime between 1930 and 1949, which could now be worth an estimated £497,868. It was last sold for £369,000 in May 2017, which was around 2% above the average May 2017 detached price in the Thanet local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

386 MARGATE ROAD Sold Prices

Land registry data shows three sales for 386 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. The three 386 MARGATE ROAD sales were a mix of above the average price, roughly equal to the average price, and 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
2017 5 MAY	£369,000	£362,421	2% above HPI
2010 4 JUN	£244,995	£244,885	Close to HPI
2008 20 MAR	£265,000	£274,894	4% below HPI

386 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 386 MARGATE ROAD sales between March 2008 and May 2017 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 June 2010 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2017 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 386 MARGATE ROAD be worth now?

386 MARGATE ROAD might now be worth an estimated £497,868.

This is based on house price inflation of 34.9%, between May 2017 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 34.9% inflationary increase is applied to the most recent sale price for 386 MARGATE ROAD of £369,000 on 5th May 2017. For the value to have increased from £369,000 to £497,868 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of 386 MARGATE ROAD has moved in line with the HPI for detached houses in the Thanet local authority area.
• The May 2017 sale price of £369,000 represented a fair market value for the property.
• The size, condition, and specification of 386 MARGATE ROAD has not materially changed since May 2017.

How Large is 386 MARGATE ROAD?

386 MARGATE ROAD is 127m², which includes two extensions, according to the EPC inspection conducted in March 2010. This puts it in the largest 30% of detached houses houses in Ramsgate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ramsgate, and where 386 MARGATE ROAD lies on this distribution: 70% of detached houses houses are smaller than 386 MARGATE ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

386 MARGATE ROAD: Plot and Title Map

386 MARGATE ROAD sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 386 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 386 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 386 MARGATE ROAD?

386 MARGATE ROAD is located in RAMSGATE, in the CT12 postcode district. The below map shows the position of No. 386 on MARGATE ROAD.