5, OAKDENE ROAD, RAMSGATE, CT12 6DR - £167,000

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

5 OAKDENE ROAD is a small detached house of 79m², built sometime between 1930 and 1949. It was last sold for £167,000 in October 2013, which was around 32% below the average October 2013 detached price in the Thanet local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

5 OAKDENE ROAD Sold Prices

Land registry data shows three sales for 5 OAKDENE 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 5 OAKDENE 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
2013 11 OCT	£167,000	£246,536	32% below HPI
2009 10 JUL	£127,000	£226,074	44% below HPI
2003 4 AUG	£109,000	£201,571	46% below HPI

5 OAKDENE 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 5 OAKDENE ROAD sales between August 2003 and October 2013 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 July 2009 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the October 2013 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 5 OAKDENE ROAD?

5 OAKDENE ROAD is 79m² according to the EPC inspection conducted in July 2013. 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 5 OAKDENE ROAD lies on this distribution: 28% of detached houses are smaller than 5 OAKDENE ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

5 OAKDENE ROAD: Plot and Title Map

5 OAKDENE ROAD sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 5 OAKDENE 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 5 OAKDENE 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 5 OAKDENE ROAD?

5 OAKDENE ROAD is located in RAMSGATE, in the CT12 postcode district. The below map shows the position of No. 5 on OAKDENE ROAD.