7, CORNELIS DRIVE, MINSTER, RAMSGATE, CT12 4DZ - £340,000

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 CORNELIS DRIVE is a large extended detached house of 143m², built sometime between 1996 and 2002, which could now be worth an estimated £567,294. It was last sold for £340,000 in April 2015, which was around 18% above the average April 2015 detached price in the Thanet local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

7 CORNELIS DRIVE Sold Prices

Land registry data shows three sales for 7 CORNELIS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. All of the three 7 CORNELIS DRIVE 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
2015 23 APR	£340,000	£287,629	18% above HPI
2007 25 OCT	£340,000	£277,761	22% above HPI
1999 22 MAR	£114,712	£90,738	26% above HPI

7 CORNELIS DRIVE 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 three 7 CORNELIS DRIVE sales between March 1999 and April 2015 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 October 2007 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the April 2015 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 7 CORNELIS DRIVE be worth now?

7 CORNELIS DRIVE might now be worth an estimated £567,294.

This is based on house price inflation of 66.9%, between April 2015 and May 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 66.9% inflationary increase is applied to the most recent sale price for 7 CORNELIS DRIVE of £340,000 on 23rd April 2015. For the value to have increased from £340,000 to £567,294 over the ten years and eleven months to May 2026, the following assumptions must hold true:

• The value of 7 CORNELIS DRIVE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The April 2015 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CORNELIS DRIVE has not materially changed since April 2015.

How Large is 7 CORNELIS DRIVE?

7 CORNELIS DRIVE is 143m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the largest 20% of detached houses houses in Minster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Minster, and where 7 CORNELIS DRIVE lies on this distribution: 80% of detached houses houses are smaller than 7 CORNELIS DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Minster.

7 CORNELIS DRIVE: Plot and Title Map

7 CORNELIS DRIVE sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 7 CORNELIS DRIVE, 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 CORNELIS DRIVE). 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 CORNELIS DRIVE?

7 CORNELIS DRIVE is located in MINSTER, in the CT12 postcode district. The below map shows the position of No. 7 on CORNELIS DRIVE.