3, GLOUCESTER MEWS, NEW ROMNEY, TN28 8XQ - £290,000

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

3 GLOUCESTER MEWS is a midsized extended detached house of 115m², built sometime between 1983 and 1990. It was last sold for £290,000 in January 2015, which was around 11% below the average January 2015 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

3 GLOUCESTER MEWS Sold Prices

Land registry data shows two sales for 3 GLOUCESTER MEWS 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 3 GLOUCESTER MEWS sales was for below the average price, whilst the other was for above 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
2015 8 JAN	£290,000	£324,219	11% below HPI
1996 30 MAY	£90,000	£84,433	7% above HPI

3 GLOUCESTER MEWS 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 3 GLOUCESTER MEWS sales from May 1996 and January 2015 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 May 1996 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the January 2015 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 3 GLOUCESTER MEWS?

3 GLOUCESTER MEWS is 115m², which includes three extensions, according to the EPC inspection conducted in October 2014. 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 3 GLOUCESTER MEWS lies on this distribution: 43% of detached houses are smaller than 3 GLOUCESTER MEWS, and 56% of houses are larger. Note that EPC data is not available for all properties in New Romney.

3 GLOUCESTER MEWS: Plot and Title Map

3 GLOUCESTER MEWS sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 3 GLOUCESTER MEWS, 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 3 GLOUCESTER MEWS). 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 3 GLOUCESTER MEWS?

3 GLOUCESTER MEWS is located in NEW ROMNEY, in the TN28 postcode district. The below map shows the position of No. 3 on GLOUCESTER MEWS.