THE BUNGALOW, IRCHESTER STREET, RAMSGATE, CT11 8JH - £69,500

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

THE BUNGALOW is a very small extended detached house of 51m², built sometime before 1900. It was last sold for £69,500 in July 2002, which was around 57% below the average July 2002 detached price in the Thanet local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was B.

THE BUNGALOW Sold Prices

Land registry data shows two sales for THE BUNGALOW 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 THE BUNGALOW 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
2002 10 JUL	£69,500	£160,703	57% below HPI
1998 28 AUG	£29,000	£85,307	66% below HPI

THE BUNGALOW 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 THE BUNGALOW sales from August 1998 and July 2002 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 August 1998 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the July 2002 sale, where it rises to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is THE BUNGALOW?

THE BUNGALOW is 51m², which includes one extension, according to the EPC inspection conducted in November 2015. 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 THE BUNGALOW lies on this distribution: 2% of detached houses are smaller than THE BUNGALOW, and 98% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.026 of an acre, or 104m². The below map shows the location of THE BUNGALOW, 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 THE BUNGALOW). 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 THE BUNGALOW?

THE BUNGALOW is located on IRCHESTER STREET in RAMSGATE, in the CT11 postcode district. The below map shows the position of THE BUNGALOW on IRCHESTER STREET.