66, SCHOOL LANE, RAMSGATE, CT11 8QX - £114,000

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.

66 SCHOOL LANE is a very small extended terraced house of 56m², built sometime before 1900, which could now be worth an estimated £226,078. It was last sold for £114,000 in December 2011, which was around 12% below the average December 2011 terraced price in the Thanet local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

66 SCHOOL LANE Sold Prices

Land registry data shows two sales for 66 SCHOOL 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 66 SCHOOL LANE 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
2011 16 DEC	£114,000	£130,248	12% below HPI
2007 3 SEP	£135,000	£153,306	12% below HPI

66 SCHOOL 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 66 SCHOOL LANE sales from September 2007 and December 2011 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 September 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2011 sale, which was also at 12% below the HPI.

What might 66 SCHOOL LANE be worth now?

66 SCHOOL LANE might now be worth an estimated £226,078.

This is based on house price inflation of 98.3%, between December 2011 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 98.3% inflationary increase is applied to the most recent sale price for 66 SCHOOL LANE of £114,000 on 16th December 2011. For the value to have increased from £114,000 to £226,078 over the fifteen years and seven months to May 2026, the following assumptions must hold true:

• The value of 66 SCHOOL LANE has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The December 2011 sale price of £114,000 represented a fair market value for the property.
• The size, condition, and specification of 66 SCHOOL LANE has not materially changed since December 2011.

How Large is 66 SCHOOL LANE?

66 SCHOOL LANE is 56m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% 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 66 SCHOOL LANE lies on this distribution: 3% of terraced houses houses are smaller than 66 SCHOOL LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

66 SCHOOL LANE: Plot and Title Map

66 SCHOOL LANE sits on a plot of roughly 0.011 of an acre, or 43m². The below map shows the location of 66 SCHOOL 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 66 SCHOOL 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 66 SCHOOL LANE?

66 SCHOOL LANE is located in RAMSGATE, in the CT11 postcode district. The below map shows the position of No. 66 on SCHOOL LANE.