2, MABLEDON CLOSE, NEW ROMNEY, TN28 8HT - £408,000

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

2 MABLEDON CLOSE is a midsized detached house of 116m², built sometime between 1976 and 1982. It was last sold for £408,000 in August 2022, which was around 23% below the average August 2022 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

2 MABLEDON CLOSE Sold Prices

Land registry data shows three sales for 2 MABLEDON CLOSE since 1^st 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. All of the three 2 MABLEDON 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
2022 5 AUG	£408,000	£527,156	23% below HPI
2021 11 JUN	£370,000	£461,351	20% below HPI
2013 11 APR	£180,000	£277,496	35% below HPI

2 MABLEDON 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 three 2 MABLEDON CLOSE sales between April 2013 and August 2022 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 2021 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 2 MABLEDON CLOSE?

2 MABLEDON CLOSE is 116m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 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 2 MABLEDON CLOSE lies on this distribution: 44% of detached houses are smaller than 2 MABLEDON CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in New Romney.

2 MABLEDON CLOSE: Plot and Title Map

2 MABLEDON CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 2 MABLEDON 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 2 MABLEDON 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 2 MABLEDON CLOSE?

2 MABLEDON CLOSE is located in NEW ROMNEY, in the TN28 postcode district. The below map shows the position of No. 2 on MABLEDON CLOSE.