16, PRIORY CLOSE, NEW ROMNEY, TN28 8HH - £250,000

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

16 PRIORY CLOSE is a very small detached house of 90m², built sometime between 1967 and 1975. It was last sold for £250,000 in December 2014, which was around 23% below the average December 2014 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

16 PRIORY CLOSE Sold Prices

Land registry data shows two sales for 16 PRIORY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. One of the two 16 PRIORY CLOSE sales was for below the average price, whilst the other was 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
2014 15 DEC	£250,000	£324,505	23% below HPI
2002 10 APR	£165,000	£164,848	Close to HPI

16 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 two 16 PRIORY CLOSE sales from April 2002 and December 2014 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 April 2002 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2014 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 16 PRIORY CLOSE?

16 PRIORY CLOSE is 90m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% 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 16 PRIORY CLOSE lies on this distribution: 18% of detached houses are smaller than 16 PRIORY CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in New Romney.

16 PRIORY CLOSE: Plot and Title Map

16 PRIORY CLOSE sits on a plot of roughly 0.166 of an acre, or 673m². The below map shows the location of 16 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 16 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 16 PRIORY CLOSE?

16 PRIORY CLOSE is located in NEW ROMNEY, in the TN28 postcode district. The below map shows the position of No. 16 on PRIORY CLOSE.