151, RAMSGATE ROAD, MARGATE, CT9 4EY - £280,000

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.

151 RAMSGATE ROAD is a very small terraced house of 74m², built sometime between 1930 and 1949, which could now be worth an estimated £251,907. It was last sold for £280,000 in October 2022, which was around 1% below the average October 2022 terraced price in the Thanet local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

151 RAMSGATE ROAD Sold Prices

Land registry data shows five sales for 151 RAMSGATE ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Thanet local authority area for the corresponding sale date. Most of the five 151 RAMSGATE 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
2022 25 OCT	£280,000	£282,300	1% below HPI
2007 6 NOV	£134,000	£153,620	13% below HPI
2002 18 OCT	£85,000	£83,616	2% above HPI
2002 21 JAN	£70,000	£67,340	4% above HPI
1998 17 JUL	£34,500	£40,979	16% below HPI

151 RAMSGATE 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 five 151 RAMSGATE ROAD sales between July 1998 and October 2022 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 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 151 RAMSGATE ROAD be worth now?

151 RAMSGATE ROAD might now be worth an estimated £251,907.

This is based on house price deflation of 10%, between October 2022 and April 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 10% deflationary decrease is applied to the most recent sale price for 151 RAMSGATE ROAD of £280,000 on 25th October 2022. For the value to have decreased from £280,000 to £251,907 over the four years and six months to April 2026, the following assumptions must hold true:

• The value of 151 RAMSGATE ROAD has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The October 2022 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 151 RAMSGATE ROAD has not materially changed since October 2022.

How Large is 151 RAMSGATE ROAD?

151 RAMSGATE ROAD is 74m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of terraced houses houses in Margate, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Margate, and where 151 RAMSGATE ROAD lies on this distribution: 13% of terraced houses houses are smaller than 151 RAMSGATE ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Margate.

151 RAMSGATE ROAD: Plot and Title Map

151 RAMSGATE ROAD sits on a plot of roughly 0.027 of an acre, or 108m². The below map shows the location of 151 RAMSGATE 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 151 RAMSGATE 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 151 RAMSGATE ROAD?

151 RAMSGATE ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 151 on RAMSGATE ROAD.