4, LONBAY DRIVE, NEW ROMNEY, TN28 8AB - £592,500

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

4 LONBAY DRIVE is a very large detached house of 197m², built sometime from 2012 onwards. It was last sold for £592,500 in March 2023, which was around 12% above the average March 2023 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was June 2022, where the current energy rating was B, and the potential energy rating was B.

4 LONBAY DRIVE Sold Prices

Land registry data shows two sales for 4 LONBAY DRIVE 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 4 LONBAY DRIVE sales were 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
2023 14 MAR	£592,500	£527,447	12% above HPI
2013 20 FEB	£330,000	£282,541	17% above HPI

4 LONBAY DRIVE 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 4 LONBAY DRIVE sales from February 2013 and March 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 February 2013 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the March 2023 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 4 LONBAY DRIVE?

4 LONBAY DRIVE is 197m² according to the EPC inspection conducted in June 2022. This puts it in the largest 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 4 LONBAY DRIVE lies on this distribution: 93% of detached houses are smaller than 4 LONBAY DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in New Romney.

4 LONBAY DRIVE: Plot and Title Map

4 LONBAY DRIVE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 4 LONBAY DRIVE, 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 4 LONBAY DRIVE). 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 4 LONBAY DRIVE?

4 LONBAY DRIVE is located in NEW ROMNEY, in the TN28 postcode district. The below map shows the position of No. 4 on LONBAY DRIVE.