4, MILLFIELD ROAD, RAMSGATE, CT12 6QW - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 MILLFIELD ROAD is a very small semi-detached house of 51m², built sometime between 1967 and 1975, which could now be worth an estimated £240,866. It was last sold for £250,000 in June 2023, which was around 28% below the average June 2023 semi-detached price in the Thanet local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

4 MILLFIELD ROAD Sold Prices

Land registry data shows three sales for 4 MILLFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Thanet local authority area for the corresponding sale date. All of the three 4 MILLFIELD 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
2023 23 JUN	£250,000	£345,214	28% below HPI
2012 24 FEB	£142,500	£158,712	10% below HPI
2011 21 MAR	£124,000	£166,239	25% below HPI

4 MILLFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Thanet local authority area over time, sourced from the HPI. The three 4 MILLFIELD ROAD sales between March 2011 and June 2023 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 February 2012 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2023 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 4 MILLFIELD ROAD be worth now?

4 MILLFIELD ROAD might now be worth an estimated £240,866.

This is based on house price deflation of 3.7%, between June 2023 and February 2025, for semi-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 3.7% deflationary decrease is applied to the most recent sale price for 4 MILLFIELD ROAD of £250,000 on 23rd June 2023. For the value to have decreased from £250,000 to £240,866 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 4 MILLFIELD ROAD has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The June 2023 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MILLFIELD ROAD has not materially changed since June 2023.

How Large is 4 MILLFIELD ROAD?

4 MILLFIELD ROAD is 51m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of semi-detached houses houses in Ramsgate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ramsgate, and where 4 MILLFIELD ROAD lies on this distribution: 2% of semi-detached houses houses are smaller than 4 MILLFIELD ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

4 MILLFIELD ROAD: Plot and Title Map

4 MILLFIELD ROAD sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 4 MILLFIELD 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 4 MILLFIELD 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 4 MILLFIELD ROAD?

4 MILLFIELD ROAD is located in RAMSGATE, in the CT12 postcode district. The below map shows the position of No. 4 on MILLFIELD ROAD.