25, PRIORY CLOSE, NEW ROMNEY, TN28 8HH - £400,000

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

25 PRIORY CLOSE is a very small extended detached house of 92m², built sometime between 1967 and 1975. It was last sold for £400,000 in August 2021, which was around 13% below the average August 2021 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

25 PRIORY CLOSE Sold Prices

Land registry data shows two sales for 25 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. Both of the two 25 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
2021 19 AUG	£400,000	£457,364	13% below HPI
2016 19 SEP	£225,000	£382,579	41% below HPI

25 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 25 PRIORY CLOSE sales from September 2016 and August 2021 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 2016 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 25 PRIORY CLOSE?

25 PRIORY CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in September 2020. 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 25 PRIORY CLOSE lies on this distribution: 20% of detached houses are smaller than 25 PRIORY CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in New Romney.

25 PRIORY CLOSE: Plot and Title Map

25 PRIORY CLOSE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 25 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 25 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 25 PRIORY CLOSE?

25 PRIORY CLOSE is located in NEW ROMNEY, in the TN28 postcode district. The below map shows the position of No. 25 on PRIORY CLOSE.