2, IRCHESTER STREET, RAMSGATE, CT11 8JH - £130,000

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.

2 IRCHESTER STREET is a large extended terraced house of 138m², built sometime before 1900, which could now be worth an estimated £221,716. It was last sold for £130,000 in April 2015, which was around 15% below the average April 2015 terraced price in the Thanet local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

2 IRCHESTER STREET Sold Prices

Land registry data shows two sales for 2 IRCHESTER STREET 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. One of the two 2 IRCHESTER STREET sales was for below the average price, whilst the other was 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
2015 2 APR	£130,000	£152,931	15% below HPI
2007 9 NOV	£170,000	£153,620	11% above HPI

2 IRCHESTER STREET 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 2 IRCHESTER STREET sales from November 2007 and April 2015 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 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the April 2015 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 2 IRCHESTER STREET be worth now?

2 IRCHESTER STREET might now be worth an estimated £221,716.

This is based on house price inflation of 70.6%, between April 2015 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 70.6% inflationary increase is applied to the most recent sale price for 2 IRCHESTER STREET of £130,000 on 2nd April 2015. For the value to have increased from £130,000 to £221,716 over the nine years and ten months to June 2025, the following assumptions must hold true:

• The value of 2 IRCHESTER STREET has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The April 2015 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 2 IRCHESTER STREET has not materially changed since April 2015.

How Large is 2 IRCHESTER STREET?

2 IRCHESTER STREET is 138m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 30% 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 2 IRCHESTER STREET lies on this distribution: 75% of terraced houses houses are smaller than 2 IRCHESTER STREET, and 24% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

2 IRCHESTER STREET: Plot and Title Map

2 IRCHESTER STREET sits on a plot of roughly 0.018 of an acre, or 71m². The below map shows the location of 2 IRCHESTER STREET, 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 2 IRCHESTER STREET). 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 2 IRCHESTER STREET?

2 IRCHESTER STREET is located in RAMSGATE, in the CT11 postcode district. The below map shows the position of No. 2 on IRCHESTER STREET.