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
15 ELLIS DRIVE is a midsized extended detached house of 123m², built sometime between 1991 and 1995. It was last sold for £355,000 in July 2018, which was around 15% below the average July 2018 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 15 ELLIS DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. The three 15 ELLIS DRIVE sales were a mix of below the average price, and roughly equal to 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 |
---|---|---|---|
2018 20 JUL | £355,000 | £417,598 | 15% below HPI |
2002 26 MAR | £156,000 | £168,212 | 7% below HPI |
1999 9 JUL | £110,000 | £109,548 | Close to 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 three 15 ELLIS DRIVE sales between July 1999 and July 2018 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 March 2002 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2018 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.
15 ELLIS DRIVE is 123m², which includes four extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 50% 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 15 ELLIS DRIVE lies on this distribution: 50% of detached houses are smaller than 15 ELLIS DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in New Romney.
15 ELLIS DRIVE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 15 ELLIS DRIVE, 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 15 ELLIS DRIVE). 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.
15 ELLIS DRIVE is located in NEW ROMNEY, in the TN28 postcode district. The below map shows the position of No. 15 on ELLIS DRIVE.