55, MONKTON ROAD, MINSTER, RAMSGATE, CT12 4ED - £330,000

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

55 MONKTON ROAD is a midsized detached house of 118m², built sometime between 1967 and 1975. It was last sold for £330,000 in November 2020, which was around 21% below the average November 2020 detached price in the Thanet local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

55 MONKTON ROAD Sold Prices

Land registry data shows four sales for 55 MONKTON ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. The four 55 MONKTON ROAD sales were a mix of below the average price, and roughly equal to 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
2020 4 NOV	£330,000	£415,933	21% below HPI
2013 23 JAN	£240,000	£239,074	Close to HPI
2002 17 JUL	£130,000	£160,703	19% below HPI
1998 5 JAN	£55,000	£83,442	34% below HPI

55 MONKTON 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 four 55 MONKTON ROAD sales between January 1998 and November 2020 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 2013 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 55 MONKTON ROAD?

55 MONKTON ROAD is 118m² according to the EPC inspection conducted in October 2020. This puts it in the largest 40% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where 55 MONKTON ROAD lies on this distribution: 59% of detached houses are smaller than 55 MONKTON ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Minster.

55 MONKTON ROAD: Plot and Title Map

55 MONKTON ROAD sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 55 MONKTON 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 55 MONKTON 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 55 MONKTON ROAD?

55 MONKTON ROAD is located in MINSTER, in the CT12 postcode district. The below map shows the position of No. 55 on MONKTON ROAD.