56, GOODWIN ROAD, RAMSGATE, CT11 0JJ - £367,500

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

56 GOODWIN ROAD is a midsized detached house of 92m², built sometime between 1950 and 1966. It was last sold for £367,500 in November 2021, which was around 20% below the average November 2021 detached price in the Thanet local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was C.

56 GOODWIN ROAD Sold Prices

Land registry data shows two sales for 56 GOODWIN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. Both of the two 56 GOODWIN 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
2021 5 NOV	£367,500	£460,732	20% below HPI
1997 21 NOV	£63,950	£81,574	22% below HPI

56 GOODWIN 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 two 56 GOODWIN ROAD sales from November 1997 and November 2021 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 1997 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 56 GOODWIN ROAD?

56 GOODWIN ROAD is 92m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 50% of detached houses in Ramsgate, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsgate, and where 56 GOODWIN ROAD lies on this distribution: 41% of detached houses are smaller than 56 GOODWIN ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

56 GOODWIN ROAD: Plot and Title Map

56 GOODWIN ROAD sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 56 GOODWIN 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 56 GOODWIN 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 56 GOODWIN ROAD?

56 GOODWIN ROAD is located in RAMSGATE, in the CT11 postcode district. The below map shows the position of No. 56 on GOODWIN ROAD.