8, ELDON GROVE, RAMSGATE, CT11 9LW - £233,000

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.

8 ELDON GROVE is a midsized extended terraced house of 107m², built sometime from 2007 onwards, which could now be worth an estimated £398,348. It was last sold for £233,000 in May 2015, which was around 52% above the average May 2015 terraced price in the Thanet local authority area. The most recent EPC inspection was May 2010, where the current energy rating was B, and the potential energy rating was B.

8 ELDON GROVE Sold Prices

Land registry data shows three sales for 8 ELDON GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Thanet local authority area for the corresponding sale date. Two of the three 8 ELDON GROVE sales were for above the average price, whilst one was 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
2015 7 MAY	£233,000	£152,898	52% above HPI
2010 2 JUL	£120,000	£134,390	11% below HPI
2007 4 JAN	£213,000	£141,125	51% above HPI

8 ELDON GROVE 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 three 8 ELDON GROVE sales between January 2007 and May 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 July 2010 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2015 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might 8 ELDON GROVE be worth now?

8 ELDON GROVE might now be worth an estimated £398,348.

This is based on house price inflation of 71%, between May 2015 and July 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 71% inflationary increase is applied to the most recent sale price for 8 ELDON GROVE of £233,000 on 7th May 2015. For the value to have increased from £233,000 to £398,348 over the ten years and ten months to July 2026, the following assumptions must hold true:

• The value of 8 ELDON GROVE has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The May 2015 sale price of £233,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ELDON GROVE has not materially changed since May 2015.

How Large is 8 ELDON GROVE?

8 ELDON GROVE is 107m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the largest 50% 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 8 ELDON GROVE lies on this distribution: 55% of terraced houses houses are smaller than 8 ELDON GROVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

8 ELDON GROVE: Plot and Title Map

8 ELDON GROVE sits on a plot of roughly 0.037 of an acre, or 149m². The below map shows the location of 8 ELDON GROVE, 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 8 ELDON GROVE). 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 8 ELDON GROVE?

8 ELDON GROVE is located in RAMSGATE, in the CT11 postcode district. The below map shows the position of No. 8 on ELDON GROVE.