24, ROYAL ESPLANADE, RAMSGATE, CT11 0HE - £480,000

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.

24 ROYAL ESPLANADE is a very large extended detached house of 342m², built sometime between 1930 and 1949, which could now be worth an estimated £1,117,558. It was last sold for £480,000 in August 2003, which was around 133% above the average August 2003 detached price in the Thanet local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.

24 ROYAL ESPLANADE Sold Prices

Land registry data shows one sale for 24 ROYAL ESPLANADE 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
2003 1 AUG	£480,000	£206,126	133% above HPI

What might 24 ROYAL ESPLANADE be worth now?

24 ROYAL ESPLANADE might now be worth an estimated £1,117,558.

This is based on house price inflation of 132.8%, between August 2003 and May 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 132.8% inflationary increase is applied to the most recent sale price for 24 ROYAL ESPLANADE of £480,000 on 1st August 2003. For the value to have increased from £480,000 to £1,117,558 over the 23 years and three months to May 2026, the following assumptions must hold true:

• The value of 24 ROYAL ESPLANADE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The August 2003 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 24 ROYAL ESPLANADE has not materially changed since August 2003.

How Large is 24 ROYAL ESPLANADE?

24 ROYAL ESPLANADE is 342m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the largest 10% of detached houses in Ramsgate, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsgate, and where 24 ROYAL ESPLANADE lies on this distribution: 99% of detached houses are smaller than 24 ROYAL ESPLANADE, and 1% of detached houses are larger. Note that EPC data is not available for all properties in Ramsgate.

24 ROYAL ESPLANADE: Plot

24 ROYAL ESPLANADE sits on a plot of roughly 0.393 of an acre, or 1,591m².

Where is 24 ROYAL ESPLANADE?

24 ROYAL ESPLANADE is located in RAMSGATE, in the CT11 postcode district.