2, MARTINS CLOSE, RAMSGATE, CT12 6TD - £330,000

2 MARTINS CLOSE is a small detached house of 83m², built sometime between 1950 and 1966. It was last sold for £330,000 in April 2021, which was around 23% below the average April 2021 detached price in the Thanet local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

2 MARTINS CLOSE Sold Prices

Land registry data shows five sales for 2 MARTINS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. All of the five 2 MARTINS CLOSE 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
2021 9 APR	£330,000	£429,347	23% below HPI
2013 31 MAY	£195,000	£237,820	18% below HPI
1997 20 OCT	£75,000	£80,587	7% below HPI
1996 26 APR	£55,000	£71,126	23% below HPI
1995 17 NOV	£50,000	£72,551	31% below HPI

2 MARTINS CLOSE 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 five 2 MARTINS CLOSE sales between November 1995 and April 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 May 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 2 MARTINS CLOSE?

2 MARTINS CLOSE is 83m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 40% of detached houses in Ramsgate, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsgate, and where 2 MARTINS CLOSE lies on this distribution: 31% of detached houses are smaller than 2 MARTINS CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

2 MARTINS CLOSE: Plot and Title Map

2 MARTINS CLOSE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 2 MARTINS CLOSE, 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 MARTINS CLOSE). 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 MARTINS CLOSE?

2 MARTINS CLOSE is located in RAMSGATE, in the CT12 postcode district. The below map shows the position of No. 2 on MARTINS CLOSE.