242, HERESON ROAD, RAMSGATE, CT11 7ET - £241,500

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.

242 HERESON ROAD is a midsized extended terraced house of 111m², built sometime between 1930 and 1949, which could now be worth an estimated £324,220. It was last sold for £241,500 in May 2017, which was around 28% above the average May 2017 terraced price in the Thanet local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was C.

242 HERESON ROAD Sold Prices

Land registry data shows two sales for 242 HERESON ROAD 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. Both of the two 242 HERESON ROAD sales were 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
2017 2 MAY	£241,500	£189,178	28% above HPI
2003 25 JUL	£135,000	£97,568	38% above HPI

242 HERESON 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 two 242 HERESON ROAD sales from July 2003 and May 2017 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 July 2003 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the May 2017 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 242 HERESON ROAD be worth now?

242 HERESON ROAD might now be worth an estimated £324,220.

This is based on house price inflation of 34.3%, between May 2017 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 34.3% inflationary increase is applied to the most recent sale price for 242 HERESON ROAD of £241,500 on 2nd May 2017. For the value to have increased from £241,500 to £324,220 over the nine years and one month to April 2026, the following assumptions must hold true:

• The value of 242 HERESON ROAD has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The May 2017 sale price of £241,500 represented a fair market value for the property.
• The size, condition, and specification of 242 HERESON ROAD has not materially changed since May 2017.

How Large is 242 HERESON ROAD?

242 HERESON ROAD is 111m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the largest 40% 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 242 HERESON ROAD lies on this distribution: 60% of terraced houses houses are smaller than 242 HERESON ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

242 HERESON ROAD: Plot and Title Map

242 HERESON ROAD sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 242 HERESON 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 242 HERESON 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 242 HERESON ROAD?

242 HERESON ROAD is located in RAMSGATE, in the CT11 postcode district. The below map shows the position of No. 242 on HERESON ROAD.