SPINDRIFT, CANNON ROAD, RAMSGATE, CT11 9SQ - £342,500

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.

SPINDRIFT is a midsized semi-detached house of 104m², built sometime between 1967 and 1975, which could now be worth an estimated £355,511. It was last sold for £342,500 in November 2021, which was around 9% above the average November 2021 semi-detached price in the Thanet local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

SPINDRIFT Sold Prices

Land registry data shows three sales for SPINDRIFT 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. Two of the three SPINDRIFT 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
2021 30 NOV	£342,500	£314,755	9% above HPI
2012 4 APR	£158,000	£155,467	2% above HPI
1998 14 AUG	£48,000	£55,111	13% below HPI

SPINDRIFT 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 SPINDRIFT sales between August 1998 and November 2021 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 April 2012 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2021 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might SPINDRIFT be worth now?

SPINDRIFT might now be worth an estimated £355,511.

This is based on house price inflation of 3.8%, between November 2021 and May 2026, 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 3.8% inflationary increase is applied to the most recent sale price for SPINDRIFT of £342,500 on 30th November 2021. For the value to have increased from £342,500 to £355,511 over the five years and six months to May 2026, the following assumptions must hold true:

• The value of SPINDRIFT has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The November 2021 sale price of £342,500 represented a fair market value for the property.
• The size, condition, and specification of SPINDRIFT has not materially changed since November 2021.

How Large is SPINDRIFT?

SPINDRIFT is 104m² according to the EPC inspection conducted in May 2014. 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 SPINDRIFT lies on this distribution: 52% of semi-detached houses houses are smaller than SPINDRIFT, and 47% of houses are larger. Note that EPC data is not available for all properties in Ramsgate.

SPINDRIFT: Plot and Title Map

SPINDRIFT sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of SPINDRIFT, 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 SPINDRIFT). 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 SPINDRIFT?

SPINDRIFT is located on CANNON ROAD in RAMSGATE, in the CT11 postcode district. The below map shows the position of SPINDRIFT on CANNON ROAD.