7, ALBION ROAD, RAMSGATE, CT11 8DJ - £500,000

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.

7 ALBION ROAD is a very large extended detached house of 175m², built sometime between 1900 and 1929, which could now be worth an estimated £448,111. It was last sold for £500,000 in October 2022, which was around 5% below the average October 2022 detached price in the Thanet local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was B.

7 ALBION ROAD Sold Prices

Land registry data shows two sales for 7 ALBION ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. Both of the two 7 ALBION 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
2022 25 OCT	£500,000	£527,564	5% below HPI
2000 25 AUG	£100,000	£117,731	15% below HPI

7 ALBION ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The two 7 ALBION ROAD sales from August 2000 and October 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 2000 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 7 ALBION ROAD be worth now?

7 ALBION ROAD might now be worth an estimated £448,111.

This is based on house price deflation of 10.4%, between October 2022 and April 2026, for detached 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 10.4% deflationary decrease is applied to the most recent sale price for 7 ALBION ROAD of £500,000 on 25th October 2022. For the value to have decreased from £500,000 to £448,111 over the four years and six months to April 2026, the following assumptions must hold true:

• The value of 7 ALBION ROAD has moved in line with the HPI for detached houses in the Thanet local authority area.
• The October 2022 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ALBION ROAD has not materially changed since October 2022.

How Large is 7 ALBION ROAD?

7 ALBION ROAD is 175m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the largest 20% of detached houses houses in Ramsgate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ramsgate, and where 7 ALBION ROAD lies on this distribution: 87% of detached houses houses are smaller than 7 ALBION ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

7 ALBION ROAD: Plot and Title Map

7 ALBION ROAD sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 7 ALBION 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 7 ALBION 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 7 ALBION ROAD?

7 ALBION ROAD is located in RAMSGATE, in the CT11 postcode district. The below map shows the position of No. 7 on ALBION ROAD.