25, SPENCER SQUARE, RAMSGATE, CT11 9LA - £340,000

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.

25 SPENCER SQUARE is a very large extended terraced house of 164m², built sometime before 1900, which could now be worth an estimated £671,999. It was last sold for £340,000 in April 2011, which was around 165% above the average April 2011 terraced price in the Thanet local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was E.

25 SPENCER SQUARE Sold Prices

Land registry data shows one sale for 25 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
2011 18 APR	£340,000	£128,500	165% above HPI

What might 25 SPENCER SQUARE be worth now?

25 SPENCER SQUARE might now be worth an estimated £671,999.

This is based on house price inflation of 97.6%, between April 2011 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 97.6% inflationary increase is applied to the most recent sale price for 25 SPENCER SQUARE of £340,000 on 18th April 2011. For the value to have increased from £340,000 to £671,999 over the fifteen years to April 2026, the following assumptions must hold true:

• The value of 25 SPENCER SQUARE has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The April 2011 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 25 SPENCER SQUARE has not materially changed since April 2011.

How Large is 25 SPENCER SQUARE?

25 SPENCER SQUARE is 164m², which includes one extension, according to the EPC inspection conducted in September 2010. 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 25 SPENCER SQUARE lies on this distribution: 94% of terraced houses are smaller than 25 SPENCER SQUARE, and 6% of terraced houses are larger. Note that EPC data is not available for all properties in Ramsgate.

25 SPENCER SQUARE: Plot

25 SPENCER SQUARE sits on a plot of roughly 0.021 of an acre, or 86m².

Where is 25 SPENCER SQUARE?

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