86, SCHOOL LANE, RAMSGATE, CT11 8QX - £104,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

86 SCHOOL LANE is a very small extended detached house of 59m², built sometime before 1900. It was last sold for £104,000 in July 2015, which was around 64% below the average July 2015 detached price in the Thanet local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was B.

86 SCHOOL LANE Sold Prices

Land registry data shows two sales for 86 SCHOOL LANE 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 86 SCHOOL LANE 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
2015 6 JUL	£104,000	£287,423	64% below HPI
2006 28 APR	£95,000	£238,745	60% below HPI

86 SCHOOL LANE 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 86 SCHOOL LANE sales from April 2006 and July 2015 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 2006 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the July 2015 sale, where it falls to 64% below the HPI. The line then continues to track at 64% below the HPI.

How Large is 86 SCHOOL LANE?

86 SCHOOL LANE is 59m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% of detached houses in Ramsgate, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsgate, and where 86 SCHOOL LANE lies on this distribution: 5% of detached houses are smaller than 86 SCHOOL LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

86 SCHOOL LANE: Plot and Title Map

86 SCHOOL LANE sits on a plot of roughly 0.009 of an acre, or 37m². The below map shows the location of 86 SCHOOL LANE, 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 86 SCHOOL LANE). 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 86 SCHOOL LANE?

86 SCHOOL LANE is located in RAMSGATE, in the CT11 postcode district. The below map shows the position of No. 86 on SCHOOL LANE.