5, MELBURY MEWS, NEW ROMNEY, TN28 8XD - £360,000

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

5 MELBURY MEWS is a small detached house of 111m², built sometime between 1983 and 1990. It was last sold for £360,000 in June 2019, which was around 14% below the average June 2019 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

5 MELBURY MEWS Sold Prices

Land registry data shows two sales for 5 MELBURY 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. Both of the two 5 MELBURY MEWS 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
2019 6 JUN	£360,000	£416,193	14% below HPI
1997 19 DEC	£83,000	£99,697	17% below HPI

5 MELBURY 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 5 MELBURY MEWS sales from December 1997 and June 2019 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 December 1997 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2019 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 5 MELBURY MEWS?

5 MELBURY MEWS is 111m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 40% 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 5 MELBURY MEWS lies on this distribution: 40% of detached houses are smaller than 5 MELBURY MEWS, and 60% of houses are larger. Note that EPC data is not available for all properties in New Romney.

5 MELBURY MEWS: Plot and Title Map

5 MELBURY MEWS sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 5 MELBURY 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 5 MELBURY 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 5 MELBURY MEWS?

5 MELBURY MEWS is located in NEW ROMNEY, in the TN28 postcode district. The below map shows the position of No. 5 on MELBURY MEWS.