7A, DOWNS ROAD, RAMSGATE, CT11 0LS - £365,000

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

7A DOWNS ROAD is a small extended detached house of 90m², built sometime between 1930 and 1949. It was last sold for £365,000 in June 2021, which was around 17% below the average June 2021 detached price in the Thanet local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

7A DOWNS ROAD Sold Prices

Land registry data shows four sales for 7A DOWNS 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. All of the four 7A DOWNS 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 29 JUN	£365,000	£437,914	17% below HPI
2015 2 OCT	£285,000	£306,637	7% below HPI
2007 28 SEP	£210,000	£267,835	22% below HPI
1999 12 AUG	£65,000	£93,199	30% below HPI

7A DOWNS 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 7A DOWNS ROAD sales between August 1999 and June 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 October 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 7A DOWNS ROAD?

7A DOWNS ROAD is 90m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% of detached houses in Ramsgate, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsgate, and where 7A DOWNS ROAD lies on this distribution: 39% of detached houses are smaller than 7A DOWNS ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

7A DOWNS ROAD: Plot and Title Map

7A DOWNS ROAD sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 7A DOWNS 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 7A DOWNS 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 7A DOWNS ROAD?

7A DOWNS ROAD is located in RAMSGATE, in the CT11 postcode district. The below map shows the position of No. 7A on DOWNS ROAD.