4, MEMEL PLACE, RAMSGATE, CT11 9BY - £105,000

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.

4 MEMEL PLACE is a very small terraced house of 68m², built sometime before 1900, which could now be worth an estimated £174,561. It was last sold for £105,000 in October 2014, which was around 32% below the average October 2014 terraced price in the Thanet local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

4 MEMEL PLACE Sold Prices

Land registry data shows one sale for 4 MEMEL PLACE 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
2014 10 OCT	£105,000	£155,370	32% below HPI

What might 4 MEMEL PLACE be worth now?

4 MEMEL PLACE might now be worth an estimated £174,561.

This is based on house price inflation of 66.2%, between October 2014 and May 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 66.2% inflationary increase is applied to the most recent sale price for 4 MEMEL PLACE of £105,000 on 10th October 2014. For the value to have increased from £105,000 to £174,561 over the twelve years and five months to May 2026, the following assumptions must hold true:

• The value of 4 MEMEL PLACE has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The October 2014 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MEMEL PLACE has not materially changed since October 2014.

How Large is 4 MEMEL PLACE?

4 MEMEL PLACE is 68m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 20% of terraced houses in Ramsgate, based on EPC data. The below chart shows the distribution of terraced houses by size in Ramsgate, and where 4 MEMEL PLACE lies on this distribution: 14% of terraced houses are smaller than 4 MEMEL PLACE, and 84% of terraced houses are larger. Note that EPC data is not available for all properties in Ramsgate.

4 MEMEL PLACE: Plot

4 MEMEL PLACE sits on a plot of roughly 0.012 of an acre, or 48m².

Where is 4 MEMEL PLACE?

4 MEMEL PLACE is located in RAMSGATE, in the CT11 postcode district.