41, VINE CLOSE, RAMSGATE, CT11 7BJ - £350,000

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

41 VINE CLOSE is a small extended detached house of 73m², built sometime between 1950 and 1966. It was last sold for £350,000 in November 2022, which was around 32% below the average November 2022 detached price in the Thanet local authority area. The most recent EPC inspection was May 2022, where the current energy rating was B, and the potential energy rating was B.

41 VINE CLOSE Sold Prices

Land registry data shows five sales for 41 VINE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. All of the five 41 VINE CLOSE 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 21 NOV	£350,000	£518,373	32% below HPI
2017 24 NOV	£200,000	£381,090	48% below HPI
1999 29 JUL	£59,000	£90,633	35% below HPI
1996 18 DEC	£49,000	£73,061	33% below HPI
1995 18 AUG	£46,000	£72,774	37% below HPI

41 VINE CLOSE 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 five 41 VINE CLOSE sales between August 1995 and November 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 November 2017 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the November 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 41 VINE CLOSE?

41 VINE CLOSE is 73m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% of detached houses in Ramsgate, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsgate, and where 41 VINE CLOSE lies on this distribution: 21% of detached houses are smaller than 41 VINE CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

41 VINE CLOSE: Plot and Title Map

41 VINE CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 41 VINE CLOSE, 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 41 VINE CLOSE). 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 41 VINE CLOSE?

41 VINE CLOSE is located in RAMSGATE, in the CT11 postcode district. The below map shows the position of No. 41 on VINE CLOSE.