BASEMENT FLAT, 73, GRANGE ROAD, RAMSGATE, CT11 9LP - £52,000

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.

BASEMENT FLAT is a small extended flat of 45m², built sometime between 1900 and 1929, which could now be worth an estimated £77,858. It was last sold for £52,000 in June 2005, which was around 51% below the average June 2005 flat price in the Thanet local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was C.

BASEMENT FLAT Sold Prices

Land registry data shows one sale for BASEMENT FLAT since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat 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
2005 15 JUN	£52,000	£105,441	51% below HPI

What might BASEMENT FLAT be worth now?

BASEMENT FLAT might now be worth an estimated £77,858.

This is based on house price inflation of 49.7%, between June 2005 and May 2026, for flats, in the Thanet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 49.7% inflationary increase is applied to the most recent sale price for BASEMENT FLAT of £52,000 on 15th June 2005. For the value to have increased from £52,000 to £77,858 over the 21 years and one month to May 2026, the following assumptions must hold true:

• The value of BASEMENT FLAT has moved in line with the HPI for flats in the Thanet local authority area.
• The June 2005 sale price of £52,000 represented a fair market value for the property.
• The size, condition, and specification of BASEMENT FLAT has not materially changed since June 2005.

How Large is BASEMENT FLAT?

BASEMENT FLAT is 45m², which includes two extensions, according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% of flats in Ramsgate, based on EPC data. 20% of flats are smaller than BASEMENT FLAT, and 78% of flats are larger. Note that EPC data is not available for all properties in Ramsgate.

BASEMENT FLAT: Plot

BASEMENT FLAT sits on a plot of roughly 0.029 of an acre, or 119m².