33, WATCHESTER LANE, MINSTER, RAMSGATE, CT12 4DA - £200,000

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.

33 WATCHESTER LANE is a small terraced house of 94m², built sometime between 1996 and 2002, which could now be worth an estimated £397,101. It was last sold for £200,000 in November 2005, which was around 54% above the average November 2005 terraced price in the Thanet local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

33 WATCHESTER LANE Sold Prices

Land registry data shows two sales for 33 WATCHESTER LANE 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 33 WATCHESTER LANE 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
2005 18 NOV	£200,000	£130,093	54% above HPI
2000 28 FEB	£92,500	£51,599	79% above HPI

33 WATCHESTER LANE 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 33 WATCHESTER LANE sales from February 2000 and November 2005 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 February 2000 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the November 2005 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 33 WATCHESTER LANE be worth now?

33 WATCHESTER LANE might now be worth an estimated £397,101.

This is based on house price inflation of 98.6%, between November 2005 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 98.6% inflationary increase is applied to the most recent sale price for 33 WATCHESTER LANE of £200,000 on 18th November 2005. For the value to have increased from £200,000 to £397,101 over the 21 years and six months to May 2026, the following assumptions must hold true:

• The value of 33 WATCHESTER LANE has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The November 2005 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 33 WATCHESTER LANE has not materially changed since November 2005.

How Large is 33 WATCHESTER LANE?

33 WATCHESTER LANE is 94m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 40% of terraced houses houses in Minster, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Minster, and where 33 WATCHESTER LANE lies on this distribution: 33% of terraced houses houses are smaller than 33 WATCHESTER LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in Minster.

33 WATCHESTER LANE: Plot and Title Map

33 WATCHESTER LANE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 33 WATCHESTER LANE, 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 33 WATCHESTER LANE). 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 33 WATCHESTER LANE?

33 WATCHESTER LANE is located in MINSTER, in the CT12 postcode district. The below map shows the position of No. 33 on WATCHESTER LANE.