Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 GLOUCESTER MEWS is a small detached house of 106m², built sometime between 1991 and 1995. It was last sold for £243,000 in August 2010, which was around 16% below the average August 2010 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows five sales for 1 GLOUCESTER MEWS since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the five 1 GLOUCESTER MEWS 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 |
---|---|---|---|
2010 18 AUG | £243,000 | £289,514 | 16% below HPI |
2009 29 JUN | £215,000 | £250,404 | 14% below HPI |
2002 8 MAR | £134,000 | £168,212 | 20% below HPI |
2001 28 JUN | £125,000 | £153,173 | 18% below HPI |
1996 16 DEC | £73,000 | £85,892 | 15% below HPI |
The below graph shows the average detached house price in the Folkestone and Hythe local authority area over time, sourced from the HPI. The five 1 GLOUCESTER MEWS sales between December 1996 and August 2010 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2009 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2010 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.
1 GLOUCESTER MEWS is 106m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 40% of detached houses in New Romney, based on EPC data. The below chart shows the distribution of detached houses by size in New Romney, and where 1 GLOUCESTER MEWS lies on this distribution: 34% of detached houses are smaller than 1 GLOUCESTER MEWS, and 66% of houses are larger. Note that EPC data is not available for all properties in New Romney.
1 GLOUCESTER MEWS sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 1 GLOUCESTER MEWS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 GLOUCESTER MEWS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
1 GLOUCESTER MEWS is located in NEW ROMNEY, in the TN28 postcode district. The below map shows the position of No. 1 on GLOUCESTER MEWS.