23, NORMAN ROAD, RAMSGATE, CT11 0DU - £119,950

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.

23 NORMAN ROAD is a midsized terraced house of 95m², built sometime between 1900 and 1929, which could now be worth an estimated £251,105. It was last sold for £119,950 in May 2009, which was around 3% below the average May 2009 terraced price in the Thanet local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

23 NORMAN ROAD Sold Prices

Land registry data shows three sales for 23 NORMAN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Thanet local authority area for the corresponding sale date. The three 23 NORMAN ROAD sales were a mix of below the average price, roughly equal to the average price, and 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
2009 12 MAY	£119,950	£123,387	3% below HPI
2004 18 OCT	£145,500	£126,303	15% above HPI
2001 5 APR	£59,500	£59,728	Close to HPI

23 NORMAN 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 three 23 NORMAN ROAD sales between April 2001 and May 2009 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 2004 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the May 2009 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 23 NORMAN ROAD be worth now?

23 NORMAN ROAD might now be worth an estimated £251,105.

This is based on house price inflation of 109.3%, between May 2009 and May 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 109.3% inflationary increase is applied to the most recent sale price for 23 NORMAN ROAD of £119,950 on 12th May 2009. For the value to have increased from £119,950 to £251,105 over the seventeen years to May 2026, the following assumptions must hold true:

• The value of 23 NORMAN ROAD has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The May 2009 sale price of £119,950 represented a fair market value for the property.
• The size, condition, and specification of 23 NORMAN ROAD has not materially changed since May 2009.

How Large is 23 NORMAN ROAD?

23 NORMAN ROAD is 95m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 50% 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 23 NORMAN ROAD lies on this distribution: 45% of terraced houses houses are smaller than 23 NORMAN ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

23 NORMAN ROAD: Plot and Title Map

23 NORMAN ROAD sits on a plot of roughly 0.034 of an acre, or 136m². The below map shows the location of 23 NORMAN 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 23 NORMAN 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 23 NORMAN ROAD?

23 NORMAN ROAD is located in RAMSGATE, in the CT11 postcode district. The below map shows the position of No. 23 on NORMAN ROAD.