8, CANNON ROAD, RAMSGATE, CT11 9SG - £425,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 CANNON ROAD is a very large semi-detached house of 215m², built sometime between 1900 and 1929, which could now be worth an estimated £397,411. It was last sold for £425,000 in November 2022, which was around 19% above the average November 2022 semi-detached price in the Thanet local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

8 CANNON ROAD Sold Prices

Land registry data shows two sales for 8 CANNON ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Thanet local authority area for the corresponding sale date. Both of the two 8 CANNON ROAD sales were for above 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 16 NOV	£425,000	£355,691	19% above HPI
1999 16 JUL	£74,000	£58,691	26% above HPI

8 CANNON ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Thanet local authority area over time, sourced from the HPI. The two 8 CANNON ROAD sales from July 1999 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 July 1999 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the November 2022 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 8 CANNON ROAD be worth now?

8 CANNON ROAD might now be worth an estimated £397,411.

This is based on house price deflation of 6.5%, between November 2022 and February 2025, for semi-detached houses, in the Thanet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.5% deflationary decrease is applied to the most recent sale price for 8 CANNON ROAD of £425,000 on 16th November 2022. For the value to have decreased from £425,000 to £397,411 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 CANNON ROAD has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The November 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CANNON ROAD has not materially changed since November 2022.

How Large is 8 CANNON ROAD?

8 CANNON ROAD is 215m² according to the EPC inspection conducted in April 2022. This puts it in the largest 10% of semi-detached houses houses in Ramsgate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ramsgate, and where 8 CANNON ROAD lies on this distribution: 93% of semi-detached houses houses are smaller than 8 CANNON ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

8 CANNON ROAD: Plot and Title Map

8 CANNON ROAD sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 8 CANNON 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 8 CANNON 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 8 CANNON ROAD?

8 CANNON ROAD is located in RAMSGATE, in the CT11 postcode district. The below map shows the position of No. 8 on CANNON ROAD.