12, VALE PLACE, RAMSGATE, CT11 9LL - £290,000

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 VALE PLACE is a midsized extended terraced house of 95m², built sometime between 1983 and 1990, which could now be worth an estimated £313,111. It was last sold for £290,000 in June 2021, which was around 20% above the average June 2021 terraced price in the Thanet local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

12 VALE PLACE Sold Prices

Land registry data shows three sales for 12 VALE PLACE 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 12 VALE PLACE 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
2021 28 JUN	£290,000	£241,573	20% above HPI
2011 10 JUN	£188,000	£126,652	48% above HPI
1995 13 NOV	£53,000	£35,851	48% above HPI

12 VALE PLACE 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 12 VALE PLACE sales between November 1995 and June 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 June 2011 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the June 2021 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 12 VALE PLACE be worth now?

12 VALE PLACE might now be worth an estimated £313,111.

This is based on house price inflation of 8%, between June 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 8% inflationary increase is applied to the most recent sale price for 12 VALE PLACE of £290,000 on 28th June 2021. For the value to have increased from £290,000 to £313,111 over the four years to June 2025, the following assumptions must hold true:

• The value of 12 VALE PLACE has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The June 2021 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 12 VALE PLACE has not materially changed since June 2021.

How Large is 12 VALE PLACE?

12 VALE PLACE is 95m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 50% 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 12 VALE PLACE lies on this distribution: 45% of terraced houses houses are smaller than 12 VALE PLACE, and 54% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

12 VALE PLACE: Plot and Title Map

12 VALE PLACE sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 12 VALE PLACE, 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 12 VALE PLACE). 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 12 VALE PLACE?

12 VALE PLACE is located in RAMSGATE, in the CT11 postcode district. The below map shows the position of No. 12 on VALE PLACE.