FLAT 2, MINSTER LODGE, EDITH ROAD, RAMSGATE, CT11 0EN - £83,500

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.

FLAT 2 MINSTER LODGE is a small flat of 49m², built sometime between 1967 and 1975, which could now be worth an estimated £136,743. It was last sold for £83,500 in December 2013, which was around 13% below the average December 2013 flat price in the Thanet local authority area. The most recent EPC inspection was June 2013, where the current energy rating was E, and the potential energy rating was C.

FLAT 2 MINSTER LODGE Sold Prices

Land registry data shows two sales for FLAT 2 MINSTER LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Thanet local authority area for the corresponding sale date. Both of the two FLAT 2 MINSTER LODGE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2013 18 DEC	£83,500	£96,403	13% below HPI
2006 15 JUN	£91,500	£109,748	17% below HPI

What might FLAT 2 MINSTER LODGE be worth now?

FLAT 2 MINSTER LODGE might now be worth an estimated £136,743.

This is based on house price inflation of 63.8%, between December 2013 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 63.8% inflationary increase is applied to the most recent sale price for FLAT 2 MINSTER LODGE of £83,500 on 18th December 2013. For the value to have increased from £83,500 to £136,743 over the thirteen years and seven months to May 2026, the following assumptions must hold true:

• The value of FLAT 2 MINSTER LODGE has moved in line with the HPI for flats in the Thanet local authority area.
• The December 2013 sale price of £83,500 represented a fair market value for the property.
• The size, condition, and specification of FLAT 2 MINSTER LODGE has not materially changed since December 2013.

How Large is FLAT 2 MINSTER LODGE?

FLAT 2 MINSTER LODGE is 49m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 40% of flats in Ramsgate, based on EPC data. 31% of flats are smaller than FLAT 2 MINSTER LODGE, and 68% of flats are larger. Note that EPC data is not available for all properties in Ramsgate.

FLAT 2 MINSTER LODGE: Plot

FLAT 2 MINSTER LODGE sits on a plot of roughly 0.284 of an acre, or 1,148m².

Where is FLAT 2 MINSTER LODGE?

FLAT 2, MINSTER LODGE is located on EDITH ROAD in RAMSGATE, in the CT11 postcode district.