37, STATION ROAD, NEW ROMNEY, TN28 8LQ - £120,000

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

37 STATION ROAD is a small detached house of 101m², built sometime between 1930 and 1949. It was last sold for £120,000 in August 2009, which was around 53% below the average August 2009 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was November 2008, where the current energy rating was E, and the potential energy rating was D.

37 STATION ROAD Sold Prices

Land registry data shows two sales for 37 STATION 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 37 STATION 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
2009 14 AUG	£120,000	£256,093	53% below HPI
2006 10 MAY	£140,000	£273,426	49% below HPI

37 STATION 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 37 STATION ROAD sales from May 2006 and August 2009 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 2006 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the August 2009 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 37 STATION ROAD?

37 STATION ROAD is 101m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 30% 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 37 STATION ROAD lies on this distribution: 27% of detached houses are smaller than 37 STATION ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in New Romney.

37 STATION ROAD: Plot and Title Map

37 STATION ROAD sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 37 STATION 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 37 STATION 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 37 STATION ROAD?

37 STATION ROAD is located in NEW ROMNEY, in the TN28 postcode district. The below map shows the position of No. 37 on STATION ROAD.