12, PARK ROAD, RAMSGATE, CT11 7QE - £140,000

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.

12 PARK ROAD is a small extended terraced house of 76m², built sometime before 1900, which could now be worth an estimated £225,017. It was last sold for £140,000 in August 2015, which was around 13% below the average August 2015 terraced price in the Thanet local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

12 PARK ROAD Sold Prices

Land registry data shows one sale for 12 PARK ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Thanet local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 7 AUG	£140,000	£160,708	13% below HPI

What might 12 PARK ROAD be worth now?

12 PARK ROAD might now be worth an estimated £225,017.

This is based on house price inflation of 60.7%, between August 2015 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 60.7% inflationary increase is applied to the most recent sale price for 12 PARK ROAD of £140,000 on 7th August 2015. For the value to have increased from £140,000 to £225,017 over the eleven years and three months to May 2026, the following assumptions must hold true:

• The value of 12 PARK ROAD has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The August 2015 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PARK ROAD has not materially changed since August 2015.

How Large is 12 PARK ROAD?

12 PARK ROAD is 76m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 30% of terraced houses in Ramsgate, based on EPC data. The below chart shows the distribution of terraced houses by size in Ramsgate, and where 12 PARK ROAD lies on this distribution: 28% of terraced houses are smaller than 12 PARK ROAD, and 70% of terraced houses are larger. Note that EPC data is not available for all properties in Ramsgate.

12 PARK ROAD: Plot

12 PARK ROAD sits on a plot of roughly 0.021 of an acre, or 87m².

Where is 12 PARK ROAD?

12 PARK ROAD is located in RAMSGATE, in the CT11 postcode district.