2, GRASMERE AVENUE, RAMSGATE, CT11 0PR - £150,000

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.

2 GRASMERE AVENUE is a small detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £284,017. It was last sold for £150,000 in May 2010, which was around 40% below the average May 2010 detached price in the Thanet local authority area. The most recent EPC inspection was February 2010, where the current energy rating was G, and the potential energy rating was E.

2 GRASMERE AVENUE Sold Prices

Land registry data shows one sale for 2 GRASMERE AVENUE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached 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
2010 19 MAY	£150,000	£249,711	40% below HPI

What might 2 GRASMERE AVENUE be worth now?

2 GRASMERE AVENUE might now be worth an estimated £284,017.

This is based on house price inflation of 89.3%, between May 2010 and April 2026, for 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 89.3% inflationary increase is applied to the most recent sale price for 2 GRASMERE AVENUE of £150,000 on 19th May 2010. For the value to have increased from £150,000 to £284,017 over the sixteen years and one month to April 2026, the following assumptions must hold true:

• The value of 2 GRASMERE AVENUE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The May 2010 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GRASMERE AVENUE has not materially changed since May 2010.

How Large is 2 GRASMERE AVENUE?

2 GRASMERE AVENUE is 80m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 30% of detached houses in Ramsgate, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsgate, and where 2 GRASMERE AVENUE lies on this distribution: 29% of detached houses are smaller than 2 GRASMERE AVENUE, and 71% of detached houses are larger. Note that EPC data is not available for all properties in Ramsgate.

2 GRASMERE AVENUE: Plot

2 GRASMERE AVENUE sits on a plot of roughly 0.124 of an acre, or 503m².

Where is 2 GRASMERE AVENUE?

2 GRASMERE AVENUE is located in RAMSGATE, in the CT11 postcode district.