12, PRIORY CLOSE, NEW ROMNEY, TN28 8HH - £266,990

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

12 PRIORY CLOSE is a small extended detached house of 92m², built sometime between 1950 and 1966. It was last sold for £266,990 in January 2013, which was around 6% below the average January 2013 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

12 PRIORY CLOSE Sold Prices

Land registry data shows four sales for 12 PRIORY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the four 12 PRIORY CLOSE 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 22 JAN	£266,990	£282,817	6% below HPI
2006 29 SEP	£249,995	£277,640	10% below HPI
2005 9 MAY	£185,000	£262,610	30% below HPI
1995 5 SEP	£60,000	£81,636	27% below HPI

12 PRIORY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Folkestone and Hythe local authority area over time, sourced from the HPI. The four 12 PRIORY CLOSE sales between September 1995 and January 2013 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 September 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2013 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 12 PRIORY CLOSE?

12 PRIORY CLOSE is 92m², which includes two extensions, according to the EPC inspection conducted in July 2011. This puts it in the smallest 30% 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 12 PRIORY CLOSE lies on this distribution: 20% of detached houses are smaller than 12 PRIORY CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in New Romney.

12 PRIORY CLOSE: Plot and Title Map

12 PRIORY CLOSE sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 12 PRIORY CLOSE, 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 12 PRIORY CLOSE). 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.

Where is 12 PRIORY CLOSE?

12 PRIORY CLOSE is located in NEW ROMNEY, in the TN28 postcode district. The below map shows the position of No. 12 on PRIORY CLOSE.