THE VILLA, GOODWIN ROAD, RAMSGATE, CT11 0JJ - £550,000

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 VILLA is a very large semi-detached house of 226m², built sometime before 1900. It was last sold for £550,000 in May 2023, which was around 10% above the average May 2023 detached price in the Thanet local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

THE VILLA Sold Prices

Land registry data shows four sales for THE VILLA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. All of the four THE VILLA 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
2023 30 MAY	£550,000	£497,782	10% above HPI
2010 5 MAR	£305,000	£240,149	27% above HPI
2007 8 JUN	£340,000	£261,142	30% above HPI
2003 25 APR	£205,000	£191,119	7% above HPI

THE VILLA 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 four THE VILLA sales between April 2003 and May 2023 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 March 2010 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the May 2023 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is THE VILLA?

THE VILLA is 226m² according to the EPC inspection conducted in October 2022. This puts it in the largest 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 VILLA lies on this distribution: 94% of detached houses are smaller than THE VILLA, and 6% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

THE VILLA: Plot and Title Map

THE VILLA sits on a plot of roughly 0.143 of an acre, or 579m². The below map shows the location of THE VILLA, 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 VILLA). 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 VILLA?

THE VILLA is located on GOODWIN ROAD in RAMSGATE, in the CT11 postcode district. The below map shows the position of THE VILLA on GOODWIN ROAD.