2, GROVE ROAD, RAMSGATE, CT11 9SH - £117,700

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 GROVE ROAD is a very large flat of 93m², built sometime between 1930 and 1949, which could now be worth an estimated £172,939. It was last sold for £117,700 in May 2006, which was around 10% above the average May 2006 flat price in the Thanet local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

2 GROVE ROAD Sold Prices

Land registry data shows two sales for 2 GROVE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Thanet local authority area for the corresponding sale date. Both of the two 2 GROVE ROAD sales were for above 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
2006 12 MAY	£117,700	£107,447	10% above HPI
2006 31 MAR	£127,000	£105,577	20% above HPI

What might 2 GROVE ROAD be worth now?

2 GROVE ROAD might now be worth an estimated £172,939.

This is based on house price inflation of 46.9%, between May 2006 and May 2026, for flats, in the Thanet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46.9% inflationary increase is applied to the most recent sale price for 2 GROVE ROAD of £117,700 on 12th May 2006. For the value to have increased from £117,700 to £172,939 over the twenty years to May 2026, the following assumptions must hold true:

• The value of 2 GROVE ROAD has moved in line with the HPI for flats in the Thanet local authority area.
• The May 2006 sale price of £117,700 represented a fair market value for the property.
• The size, condition, and specification of 2 GROVE ROAD has not materially changed since May 2006.

How Large is 2 GROVE ROAD?

2 GROVE ROAD is 93m² according to the EPC inspection conducted in September 2018. This puts it in the largest 10% of flats in Ramsgate, based on EPC data. 93% of flats are smaller than 2 GROVE ROAD, and 7% of flats are larger. Note that EPC data is not available for all properties in Ramsgate.

2 GROVE ROAD: Plot

2 GROVE ROAD sits on a plot of roughly 0.110 of an acre, or 445m².

Where is 2 GROVE ROAD?

2 GROVE ROAD is located in RAMSGATE, in the CT11 postcode district.