159, MARGATE ROAD, RAMSGATE, CT12 6SX - £135,000

159 MARGATE ROAD is a very small detached house of 65m², built sometime between 1950 and 1966. It was last sold for £135,000 in October 2003, which was around 34% below the average October 2003 detached price in the Thanet local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.

159 MARGATE ROAD Sold Prices

Land registry data shows two sales for 159 MARGATE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. Both of the two 159 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
2003 17 OCT	£135,000	£205,076	34% below HPI
1997 10 OCT	£46,000	£80,587	43% below HPI

159 MARGATE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The two 159 MARGATE ROAD sales from October 1997 and October 2003 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 October 1997 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the October 2003 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 159 MARGATE ROAD?

159 MARGATE ROAD is 65m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of detached houses in Ramsgate, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsgate, and where 159 MARGATE ROAD lies on this distribution: 12% of detached houses are smaller than 159 MARGATE ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

159 MARGATE ROAD: Plot and Title Map

159 MARGATE ROAD sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 159 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 159 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 159 MARGATE ROAD?

159 MARGATE ROAD is located in RAMSGATE, in the CT12 postcode district. The below map shows the position of No. 159 on MARGATE ROAD.