118, SOUTHWOOD ROAD, RAMSGATE, CT11 0AZ - £239,995

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.

118 SOUTHWOOD ROAD is a small extended terraced house of 85m², built sometime between 1900 and 1929, which could now be worth an estimated £251,380. It was last sold for £239,995 in November 2021, which was around 4% below the average November 2021 terraced price in the Thanet local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was C.

118 SOUTHWOOD ROAD Sold Prices

Land registry data shows three sales for 118 SOUTHWOOD 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. The three 118 SOUTHWOOD ROAD sales were a mix of below the average price, and roughly equal to 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
2021 19 NOV	£239,995	£249,012	4% below HPI
2009 20 NOV	£125,000	£132,078	5% below HPI
1996 31 OCT	£36,000	£35,949	Close to HPI

118 SOUTHWOOD 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 118 SOUTHWOOD ROAD sales between October 1996 and November 2021 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 November 2009 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 118 SOUTHWOOD ROAD be worth now?

118 SOUTHWOOD ROAD might now be worth an estimated £251,380.

This is based on house price inflation of 4.7%, between November 2021 and June 2025, 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 4.7% inflationary increase is applied to the most recent sale price for 118 SOUTHWOOD ROAD of £239,995 on 19th November 2021. For the value to have increased from £239,995 to £251,380 over the four years and five months to June 2025, the following assumptions must hold true:

• The value of 118 SOUTHWOOD ROAD has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The November 2021 sale price of £239,995 represented a fair market value for the property.
• The size, condition, and specification of 118 SOUTHWOOD ROAD has not materially changed since November 2021.

How Large is 118 SOUTHWOOD ROAD?

118 SOUTHWOOD ROAD is 85m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 40% of terraced houses houses in Ramsgate, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ramsgate, and where 118 SOUTHWOOD ROAD lies on this distribution: 34% of terraced houses houses are smaller than 118 SOUTHWOOD ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

118 SOUTHWOOD ROAD: Plot and Title Map

118 SOUTHWOOD ROAD sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 118 SOUTHWOOD 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 118 SOUTHWOOD 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 118 SOUTHWOOD ROAD?

118 SOUTHWOOD ROAD is located in RAMSGATE, in the CT11 postcode district. The below map shows the position of No. 118 on SOUTHWOOD ROAD.