8, NEWINGTON ROAD, RAMSGATE, CT11 0QX - £365,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

8 NEWINGTON ROAD is a large extended detached house of 114m², built sometime between 1950 and 1966. It was last sold for £365,000 in October 2022, which was around 30% below the average October 2022 detached price in the Thanet local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

8 NEWINGTON ROAD Sold Prices

Land registry data shows five sales for 8 NEWINGTON ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. All of the five 8 NEWINGTON 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
2022 12 OCT	£365,000	£519,423	30% below HPI
2020 1 APR	£270,000	£389,147	31% below HPI
2016 22 JUL	£265,000	£335,200	21% below HPI
2006 1 SEP	£222,500	£247,340	10% below HPI
2002 7 FEB	£115,000	£143,835	20% below HPI

8 NEWINGTON 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 five 8 NEWINGTON ROAD sales between February 2002 and October 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 April 2020 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 8 NEWINGTON ROAD?

8 NEWINGTON ROAD is 114m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 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 8 NEWINGTON ROAD lies on this distribution: 63% of detached houses are smaller than 8 NEWINGTON ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

8 NEWINGTON ROAD: Plot and Title Map

8 NEWINGTON ROAD sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 8 NEWINGTON 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 NEWINGTON 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 NEWINGTON ROAD?

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