18, SPENCER SQUARE, RAMSGATE, CT11 9LA - £475,000

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.

18 SPENCER SQUARE is a very large terraced house of 150m², built sometime before 1900, which could now be worth an estimated £488,174. It was last sold for £475,000 in August 2021, which was around 92% above the average August 2021 terraced price in the Thanet local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

18 SPENCER SQUARE Sold Prices

Land registry data shows one sale for 18 SPENCER SQUARE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Thanet local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 27 AUG	£475,000	£247,122	92% above HPI

What might 18 SPENCER SQUARE be worth now?

18 SPENCER SQUARE might now be worth an estimated £488,174.

This is based on house price inflation of 2.8%, between August 2021 and April 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 2.8% inflationary increase is applied to the most recent sale price for 18 SPENCER SQUARE of £475,000 on 27th August 2021. For the value to have increased from £475,000 to £488,174 over the five years and four months to April 2026, the following assumptions must hold true:

• The value of 18 SPENCER SQUARE has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The August 2021 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 18 SPENCER SQUARE has not materially changed since August 2021.

How Large is 18 SPENCER SQUARE?

18 SPENCER SQUARE is 150m² according to the EPC inspection conducted in July 2021. This puts it in the largest 10% of terraced houses in Ramsgate, based on EPC data. The below chart shows the distribution of terraced houses by size in Ramsgate, and where 18 SPENCER SQUARE lies on this distribution: 92% of terraced houses are smaller than 18 SPENCER SQUARE, and 8% of terraced houses are larger. Note that EPC data is not available for all properties in Ramsgate.

18 SPENCER SQUARE: Plot

18 SPENCER SQUARE sits on a plot of roughly 0.020 of an acre, or 81m².

Where is 18 SPENCER SQUARE?

18 SPENCER SQUARE is located in RAMSGATE, in the CT11 postcode district.