3, SPRINGFIELD CLOSE, RAMSGATE, CT11 7BQ - £118,000

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.

3 SPRINGFIELD CLOSE is a small semi-detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £225,459. It was last sold for £118,000 in April 2010, which was around 30% below the average April 2010 semi-detached price in the Thanet local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.

3 SPRINGFIELD CLOSE Sold Prices

Land registry data shows one sale for 3 SPRINGFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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 16 APR	£118,000	£168,431	30% below HPI

What might 3 SPRINGFIELD CLOSE be worth now?

3 SPRINGFIELD CLOSE might now be worth an estimated £225,459.

This is based on house price inflation of 91.1%, between April 2010 and April 2026, for semi-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 91.1% inflationary increase is applied to the most recent sale price for 3 SPRINGFIELD CLOSE of £118,000 on 16th April 2010. For the value to have increased from £118,000 to £225,459 over the sixteen years to April 2026, the following assumptions must hold true:

• The value of 3 SPRINGFIELD CLOSE has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The April 2010 sale price of £118,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPRINGFIELD CLOSE has not materially changed since April 2010.

How Large is 3 SPRINGFIELD CLOSE?

3 SPRINGFIELD CLOSE is 72m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 40% of semi-detached houses in Ramsgate, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Ramsgate, and where 3 SPRINGFIELD CLOSE lies on this distribution: 32% of semi-detached houses are smaller than 3 SPRINGFIELD CLOSE, and 68% of semi-detached houses are larger. Note that EPC data is not available for all properties in Ramsgate.

3 SPRINGFIELD CLOSE: Plot

3 SPRINGFIELD CLOSE sits on a plot of roughly 0.045 of an acre, or 182m².

Where is 3 SPRINGFIELD CLOSE?

3 SPRINGFIELD CLOSE is located in RAMSGATE, in the CT11 postcode district.