7, FIR TREE CLOSE, RAMSGATE, CT11 0BD - £222,000

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 FIR TREE CLOSE is a midsized semi-detached house of 110m², built sometime between 1950 and 1966, which could now be worth an estimated £273,620. It was last sold for £222,000 in June 2018, which was around 18% below the average June 2018 semi-detached price in the Thanet local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

7 FIR TREE CLOSE Sold Prices

Land registry data shows two sales for 7 FIR TREE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Thanet local authority area for the corresponding sale date. Both of the two 7 FIR TREE CLOSE 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
2018 29 JUN	£222,000	£269,854	18% below HPI
2013 25 OCT	£125,000	£169,566	26% below HPI

7 FIR TREE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Thanet local authority area over time, sourced from the HPI. The two 7 FIR TREE CLOSE sales from October 2013 and June 2018 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 2013 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2018 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 7 FIR TREE CLOSE be worth now?

7 FIR TREE CLOSE might now be worth an estimated £273,620.

This is based on house price inflation of 23.3%, between June 2018 and February 2025, for semi-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 23.3% inflationary increase is applied to the most recent sale price for 7 FIR TREE CLOSE of £222,000 on 29th June 2018. For the value to have increased from £222,000 to £273,620 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 7 FIR TREE CLOSE has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The June 2018 sale price of £222,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FIR TREE CLOSE has not materially changed since June 2018.

How Large is 7 FIR TREE CLOSE?

7 FIR TREE CLOSE is 110m² according to the EPC inspection conducted in January 2015. This puts it in the largest 50% of semi-detached houses houses in Ramsgate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ramsgate, and where 7 FIR TREE CLOSE lies on this distribution: 59% of semi-detached houses houses are smaller than 7 FIR TREE CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

7 FIR TREE CLOSE: Plot and Title Map

7 FIR TREE CLOSE sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of 7 FIR TREE CLOSE, 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 FIR TREE CLOSE). 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 FIR TREE CLOSE?

7 FIR TREE CLOSE is located in RAMSGATE, in the CT11 postcode district. The below map shows the position of No. 7 on FIR TREE CLOSE.