3, SUSSEX ROAD, NEW ROMNEY, TN28 8EG - £150,000

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 SUSSEX ROAD is a very small extended detached house of 78m², built sometime between 1930 and 1949. It was last sold for £150,000 in April 2023, which was around 72% below the average April 2023 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

3 SUSSEX ROAD Sold Prices

Land registry data shows two sales for 3 SUSSEX ROAD 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 3 SUSSEX ROAD 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
2023 6 APR	£150,000	£532,608	72% below HPI
2010 21 APR	£115,000	£284,611	60% below HPI

3 SUSSEX ROAD 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 SUSSEX ROAD sales from April 2010 and April 2023 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 2010 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the April 2023 sale, where it falls to 72% below the HPI. The line then continues to track at 72% below the HPI.

How Large is 3 SUSSEX ROAD?

3 SUSSEX ROAD is 78m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% 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 SUSSEX ROAD lies on this distribution: 6% of detached houses are smaller than 3 SUSSEX ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in New Romney.

3 SUSSEX ROAD: Plot and Title Map

3 SUSSEX ROAD sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 3 SUSSEX ROAD, 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 SUSSEX ROAD). 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 SUSSEX ROAD?

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