3, WILLSONS MEWS, RAMSGATE, CT11 9FE - £230,000

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.

3 WILLSONS MEWS is a very small terraced house of 64m², built sometime between 2003 and 2006, which could now be worth an estimated £216,054. It was last sold for £230,000 in June 2022, which was around 17% below the average June 2022 terraced price in the Thanet local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

3 WILLSONS MEWS Sold Prices

Land registry data shows two sales for 3 WILLSONS MEWS 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 3 WILLSONS MEWS 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
2022 30 JUN	£230,000	£277,661	17% below HPI
2009 28 AUG	£172,500	£128,028	35% above HPI

3 WILLSONS MEWS 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 3 WILLSONS MEWS sales from August 2009 and June 2022 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 August 2009 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the June 2022 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 3 WILLSONS MEWS be worth now?

3 WILLSONS MEWS might now be worth an estimated £216,054.

This is based on house price deflation of 6.1%, between June 2022 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 6.1% deflationary decrease is applied to the most recent sale price for 3 WILLSONS MEWS of £230,000 on 30th June 2022. For the value to have decreased from £230,000 to £216,054 over the three years to June 2025, the following assumptions must hold true:

• The value of 3 WILLSONS MEWS has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The June 2022 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WILLSONS MEWS has not materially changed since June 2022.

How Large is 3 WILLSONS MEWS?

3 WILLSONS MEWS is 64m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% 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 3 WILLSONS MEWS lies on this distribution: 10% of terraced houses houses are smaller than 3 WILLSONS MEWS, and 89% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

3 WILLSONS MEWS: Plot and Title Map

3 WILLSONS MEWS sits on a plot of roughly 0.013 of an acre, or 54m². The below map shows the location of 3 WILLSONS MEWS, 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 3 WILLSONS MEWS). 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 3 WILLSONS MEWS?

3 WILLSONS MEWS is located in RAMSGATE, in the CT11 postcode district. The below map shows the position of No. 3 on WILLSONS MEWS.