10, PROSPECT ROAD, MINSTER, RAMSGATE, CT12 4EG - £164,950

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.

10 PROSPECT ROAD is a small terraced house of 86m², built sometime between 1900 and 1929, which could now be worth an estimated £316,476. It was last sold for £164,950 in August 2013, which was around 23% above the average August 2013 terraced price in the Thanet local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was B.

10 PROSPECT ROAD Sold Prices

Land registry data shows three sales for 10 PROSPECT ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Thanet local authority area for the corresponding sale date. All of the three 10 PROSPECT ROAD 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
2013 30 AUG	£164,950	£134,628	23% above HPI
2005 8 AUG	£174,950	£132,239	32% above HPI
1995 21 JUL	£42,500	£35,803	19% above HPI

10 PROSPECT ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Thanet local authority area over time, sourced from the HPI. The three 10 PROSPECT ROAD sales between July 1995 and August 2013 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 2005 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the August 2013 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 10 PROSPECT ROAD be worth now?

10 PROSPECT ROAD might now be worth an estimated £316,476.

This is based on house price inflation of 91.9%, between August 2013 and May 2026, for terraced 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 91.9% inflationary increase is applied to the most recent sale price for 10 PROSPECT ROAD of £164,950 on 30th August 2013. For the value to have increased from £164,950 to £316,476 over the thirteen years and three months to May 2026, the following assumptions must hold true:

• The value of 10 PROSPECT ROAD has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The August 2013 sale price of £164,950 represented a fair market value for the property.
• The size, condition, and specification of 10 PROSPECT ROAD has not materially changed since August 2013.

How Large is 10 PROSPECT ROAD?

10 PROSPECT ROAD is 86m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 30% of terraced houses houses in Minster, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Minster, and where 10 PROSPECT ROAD lies on this distribution: 24% of terraced houses houses are smaller than 10 PROSPECT ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Minster.

10 PROSPECT ROAD: Plot and Title Map

10 PROSPECT ROAD sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 10 PROSPECT ROAD, 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 10 PROSPECT ROAD). 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 10 PROSPECT ROAD?

10 PROSPECT ROAD is located in MINSTER, in the CT12 postcode district. The below map shows the position of No. 10 on PROSPECT ROAD.