415, MARGATE ROAD, RAMSGATE, CT12 6SN - £280,000

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.

415 MARGATE ROAD is a small extended detached house of 88m², built sometime before 1900, which could now be worth an estimated £344,715. It was last sold for £280,000 in April 2018, which was around 28% below the average April 2018 detached price in the Thanet local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was C.

415 MARGATE ROAD Sold Prices

Land registry data shows one sale for 415 MARGATE ROAD 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
2018 18 APR	£280,000	£389,816	28% below HPI

What might 415 MARGATE ROAD be worth now?

415 MARGATE ROAD might now be worth an estimated £344,715.

This is based on house price inflation of 23.1%, between April 2018 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 23.1% inflationary increase is applied to the most recent sale price for 415 MARGATE ROAD of £280,000 on 18th April 2018. For the value to have increased from £280,000 to £344,715 over the seven years and eleven months to May 2026, the following assumptions must hold true:

• The value of 415 MARGATE ROAD has moved in line with the HPI for detached houses in the Thanet local authority area.
• The April 2018 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 415 MARGATE ROAD has not materially changed since April 2018.

How Large is 415 MARGATE ROAD?

415 MARGATE ROAD is 88m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the smallest 40% of detached houses in Ramsgate, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsgate, and where 415 MARGATE ROAD lies on this distribution: 36% of detached houses are smaller than 415 MARGATE ROAD, and 62% of detached houses are larger. Note that EPC data is not available for all properties in Ramsgate.

415 MARGATE ROAD: Plot

415 MARGATE ROAD sits on a plot of roughly 0.053 of an acre, or 216m².

Where is 415 MARGATE ROAD?

415 MARGATE ROAD is located in RAMSGATE, in the CT12 postcode district.