29, ROLFE LANE, NEW ROMNEY, TN28 8JP - £625,000

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

29 ROLFE LANE is a very large detached house of 162m², built sometime between 1991 and 1995. It was last sold for £625,000 in February 2022, which was around 19% above the average February 2022 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

29 ROLFE LANE Sold Prices

Land registry data shows three sales for 29 ROLFE LANE 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. Two of the three 29 ROLFE LANE sales were for above the average price, whilst one was 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 2 FEB	£625,000	£524,904	19% above HPI
2003 3 JAN	£250,000	£210,156	19% above HPI
2000 21 DEC	£115,000	£137,138	16% below HPI

29 ROLFE LANE 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 29 ROLFE LANE sales between December 2000 and February 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 January 2003 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the February 2022 sale, which was also at 19% above the HPI.

How Large is 29 ROLFE LANE?

29 ROLFE LANE is 162m² according to the EPC inspection conducted in November 2021. This puts it in the largest 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 29 ROLFE LANE lies on this distribution: 85% of detached houses are smaller than 29 ROLFE LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in New Romney.

29 ROLFE LANE: Plot and Title Map

29 ROLFE LANE sits on a plot of roughly 0.230 of an acre, or 932m². The below map shows the location of 29 ROLFE LANE, 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 29 ROLFE LANE). 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 29 ROLFE LANE?

29 ROLFE LANE is located in NEW ROMNEY, in the TN28 postcode district. The below map shows the position of No. 29 on ROLFE LANE.