ROSE COTTAGE, NETHERCOURT GARDENS, RAMSGATE, CT11 0RY - £300,000

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.

ROSE COTTAGE is a small detached house of 75m², built sometime from 2007 onwards, which could now be worth an estimated £344,900. It was last sold for £300,000 in November 2020, which was around 29% below the average November 2020 detached price in the Thanet local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

ROSE COTTAGE Sold Prices

Land registry data shows two sales for ROSE COTTAGE 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 ROSE COTTAGE 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
2020 6 NOV	£300,000	£425,333	29% below HPI
2009 23 SEP	£175,000	£236,179	26% below HPI

ROSE COTTAGE 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 ROSE COTTAGE sales from September 2009 and November 2020 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 September 2009 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might ROSE COTTAGE be worth now?

ROSE COTTAGE might now be worth an estimated £344,900.

This is based on house price inflation of 15%, between November 2020 and February 2025, for 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 15% inflationary increase is applied to the most recent sale price for ROSE COTTAGE of £300,000 on 6th November 2020. For the value to have increased from £300,000 to £344,900 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of ROSE COTTAGE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The November 2020 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of ROSE COTTAGE has not materially changed since November 2020.

How Large is ROSE COTTAGE?

ROSE COTTAGE is 75m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% of detached houses houses in Ramsgate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ramsgate, and where ROSE COTTAGE lies on this distribution: 23% of detached houses houses are smaller than ROSE COTTAGE, and 76% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

ROSE COTTAGE: Plot and Title Map

ROSE COTTAGE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of ROSE COTTAGE, 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 ROSE COTTAGE). 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 ROSE COTTAGE?

ROSE COTTAGE is located on NETHERCOURT GARDENS in RAMSGATE, in the CT11 postcode district. The below map shows the position of ROSE COTTAGE on NETHERCOURT GARDENS.