THE LODGE HOUSE, PEGWELL ROAD, RAMSGATE, CT11 0HU - £330,000

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 LODGE HOUSE is a large detached house of 118m², built sometime between 2003 and 2006. It was last sold for £330,000 in August 2014, which was around 23% above the average August 2014 detached price in the Thanet local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

THE LODGE HOUSE Sold Prices

Land registry data shows two sales for THE LODGE HOUSE 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 LODGE HOUSE 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
2014 27 AUG	£330,000	£268,484	23% above HPI
2007 10 JAN	£344,000	£248,358	39% above HPI

THE LODGE HOUSE 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 LODGE HOUSE sales from January 2007 and August 2014 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 January 2007 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the August 2014 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is THE LODGE HOUSE?

THE LODGE HOUSE is 118m² according to the EPC inspection conducted in April 2011. 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 THE LODGE HOUSE lies on this distribution: 67% of detached houses are smaller than THE LODGE HOUSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

THE LODGE HOUSE: Plot and Title Map

THE LODGE HOUSE sits on a plot of roughly 0.181 of an acre, or 732m². The below map shows the location of THE LODGE HOUSE, 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 LODGE HOUSE). 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 LODGE HOUSE?

THE LODGE HOUSE is located on PEGWELL ROAD in RAMSGATE, in the CT11 postcode district. The below map shows the position of THE LODGE HOUSE on PEGWELL ROAD.