7, SPRINGFIELD CLOSE, RAMSGATE, CT11 7BQ - £165,000

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 SPRINGFIELD CLOSE is a small extended semi-detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £285,839. It was last sold for £165,000 in September 2014, which was around 13% below the average September 2014 semi-detached price in the Thanet local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

7 SPRINGFIELD CLOSE Sold Prices

Land registry data shows three sales for 7 SPRINGFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Thanet local authority area for the corresponding sale date. All of the three 7 SPRINGFIELD 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
2014 5 SEP	£165,000	£190,527	13% below HPI
2010 10 DEC	£147,500	£166,717	12% below HPI
2002 20 DEC	£100,000	£119,438	16% below HPI

7 SPRINGFIELD 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 three 7 SPRINGFIELD CLOSE sales between December 2002 and September 2014 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 December 2010 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2014 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 7 SPRINGFIELD CLOSE be worth now?

7 SPRINGFIELD CLOSE might now be worth an estimated £285,839.

This is based on house price inflation of 73.2%, between September 2014 and June 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 73.2% inflationary increase is applied to the most recent sale price for 7 SPRINGFIELD CLOSE of £165,000 on 5th September 2014. For the value to have increased from £165,000 to £285,839 over the eleven years and three months to June 2025, the following assumptions must hold true:

• The value of 7 SPRINGFIELD CLOSE has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The September 2014 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SPRINGFIELD CLOSE has not materially changed since September 2014.

How Large is 7 SPRINGFIELD CLOSE?

7 SPRINGFIELD CLOSE is 78m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% 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 SPRINGFIELD CLOSE lies on this distribution: 26% of semi-detached houses houses are smaller than 7 SPRINGFIELD CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

7 SPRINGFIELD CLOSE: Plot and Title Map

7 SPRINGFIELD CLOSE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 7 SPRINGFIELD 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 SPRINGFIELD 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 SPRINGFIELD CLOSE?

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