251, RAMSGATE ROAD, MARGATE, CT9 4EN - £450,000

251 RAMSGATE ROAD is a large detached house of 123m², built sometime between 1930 and 1949. It was last sold for £450,000 in July 2020, which was around 12% above the average July 2020 detached price in the Thanet local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

251 RAMSGATE ROAD Sold Prices

Land registry data shows three sales for 251 RAMSGATE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. All of the three 251 RAMSGATE 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
2020 31 JUL	£450,000	£403,343	12% above HPI
2003 16 MAY	£245,000	£194,402	26% above HPI
1997 29 OCT	£99,500	£80,587	23% above HPI

251 RAMSGATE 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 three 251 RAMSGATE ROAD sales between October 1997 and July 2020 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 2003 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2020 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 251 RAMSGATE ROAD?

251 RAMSGATE ROAD is 123m² according to the EPC inspection conducted in February 2020. This puts it in the largest 40% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 251 RAMSGATE ROAD lies on this distribution: 66% of detached houses are smaller than 251 RAMSGATE ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Margate.

251 RAMSGATE ROAD: Plot and Title Map

251 RAMSGATE ROAD sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 251 RAMSGATE 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 251 RAMSGATE 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 251 RAMSGATE ROAD?

251 RAMSGATE ROAD is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 251 on RAMSGATE ROAD.