62, NEWINGTON ROAD, RAMSGATE, CT12 6EQ - £187,500

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.

62 NEWINGTON ROAD is a small extended terraced house of 85m², built sometime between 1900 and 1929, which could now be worth an estimated £226,066. It was last sold for £187,500 in June 2020, which was around 12% below the average June 2020 terraced price in the Thanet local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

62 NEWINGTON ROAD Sold Prices

Land registry data shows two sales for 62 NEWINGTON 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 62 NEWINGTON ROAD sales were for below 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 17 JUN	£187,500	£214,235	12% below HPI
2003 25 APR	£88,000	£92,053	4% below HPI

62 NEWINGTON 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 62 NEWINGTON ROAD sales from April 2003 and June 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 April 2003 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 62 NEWINGTON ROAD be worth now?

62 NEWINGTON ROAD might now be worth an estimated £226,066.

This is based on house price inflation of 20.6%, between June 2020 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 20.6% inflationary increase is applied to the most recent sale price for 62 NEWINGTON ROAD of £187,500 on 17th June 2020. For the value to have increased from £187,500 to £226,066 over the six years and one month to May 2026, the following assumptions must hold true:

• The value of 62 NEWINGTON ROAD has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The June 2020 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 62 NEWINGTON ROAD has not materially changed since June 2020.

How Large is 62 NEWINGTON ROAD?

62 NEWINGTON ROAD is 85m², which includes one extension, according to the EPC inspection conducted in January 2020. 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 62 NEWINGTON ROAD lies on this distribution: 34% of terraced houses houses are smaller than 62 NEWINGTON ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

62 NEWINGTON ROAD: Plot and Title Map

62 NEWINGTON ROAD sits on a plot of roughly 0.024 of an acre, or 99m². The below map shows the location of 62 NEWINGTON 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 62 NEWINGTON 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 62 NEWINGTON ROAD?

62 NEWINGTON ROAD is located in RAMSGATE, in the CT12 postcode district. The below map shows the position of No. 62 on NEWINGTON ROAD.