37, NORMAN ROAD, RAMSGATE, CT11 0DU - £360,000

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.

37 NORMAN ROAD is a small terraced house of 86m², built sometime between 1930 and 1949, which could now be worth an estimated £354,843. It was last sold for £360,000 in February 2022, which was around 37% above the average February 2022 terraced price in the Thanet local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

37 NORMAN ROAD Sold Prices

Land registry data shows two sales for 37 NORMAN 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 37 NORMAN 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
2022 7 FEB	£360,000	£262,054	37% above HPI
2003 22 JUL	£150,000	£97,568	54% above HPI

37 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 two 37 NORMAN ROAD sales from July 2003 and February 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 July 2003 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the February 2022 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 37 NORMAN ROAD be worth now?

37 NORMAN ROAD might now be worth an estimated £354,843.

This is based on house price deflation of 1.4%, between February 2022 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 1.4% deflationary decrease is applied to the most recent sale price for 37 NORMAN ROAD of £360,000 on 7th February 2022. For the value to have decreased from £360,000 to £354,843 over the three years and nine months to May 2026, the following assumptions must hold true:

• The value of 37 NORMAN ROAD has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The February 2022 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 37 NORMAN ROAD has not materially changed since February 2022.

How Large is 37 NORMAN ROAD?

37 NORMAN ROAD is 86m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 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 37 NORMAN ROAD lies on this distribution: 35% of terraced houses houses are smaller than 37 NORMAN ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

37 NORMAN ROAD: Plot and Title Map

37 NORMAN ROAD sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 37 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 37 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 37 NORMAN ROAD?

37 NORMAN ROAD is located in RAMSGATE, in the CT11 postcode district. The below map shows the position of No. 37 on NORMAN ROAD.