129B, MARGATE ROAD, RAMSGATE, CT11 7SX - £137,000

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.

129B MARGATE ROAD is a very small extended terraced house of 46m², built sometime between 1900 and 1929, which could now be worth an estimated £178,246. It was last sold for £137,000 in September 2017, which was around 32% below the average September 2017 terraced price in the Thanet local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

129B MARGATE ROAD Sold Prices

Land registry data shows two sales for 129B MARGATE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Thanet local authority area for the corresponding sale date. Both of the two 129B MARGATE ROAD sales were for below 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
2017 22 SEP	£137,000	£200,470	32% below HPI
2016 17 NOV	£109,000	£185,237	41% below HPI

129B MARGATE 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 two 129B MARGATE ROAD sales from November 2016 and September 2017 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 2016 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the September 2017 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 129B MARGATE ROAD be worth now?

129B MARGATE ROAD might now be worth an estimated £178,246.

This is based on house price inflation of 30.1%, between September 2017 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 30.1% inflationary increase is applied to the most recent sale price for 129B MARGATE ROAD of £137,000 on 22nd September 2017. For the value to have increased from £137,000 to £178,246 over the eight years and three months to June 2025, the following assumptions must hold true:

• The value of 129B MARGATE ROAD has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The September 2017 sale price of £137,000 represented a fair market value for the property.
• The size, condition, and specification of 129B MARGATE ROAD has not materially changed since September 2017.

How Large is 129B MARGATE ROAD?

129B MARGATE ROAD is 46m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% 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 129B MARGATE ROAD lies on this distribution: 1% of terraced houses houses are smaller than 129B MARGATE ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

129B MARGATE ROAD: Plot and Title Map

129B MARGATE ROAD sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of 129B MARGATE 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 129B MARGATE 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 129B MARGATE ROAD?

129B MARGATE ROAD is located in RAMSGATE, in the CT11 postcode district. The below map shows the position of No. 129B on MARGATE ROAD.