5, THE OVAL, DYMCHURCH, ROMNEY MARSH, TN29 0LR - £265,000

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 THE OVAL is a small extended detached house of 84m², built sometime between 1991 and 1995. It was last sold for £265,000 in February 2017, which was around 31% below the average February 2017 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

5 THE OVAL Sold Prices

Land registry data shows two sales for 5 THE OVAL 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 THE OVAL 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
2017 24 FEB	£265,000	£385,688	31% below HPI
2004 12 FEB	£146,000	£242,905	40% below HPI

5 THE OVAL 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 THE OVAL sales from February 2004 and February 2017 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 2004 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the February 2017 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 5 THE OVAL?

5 THE OVAL is 84m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the smallest 40% of detached houses in Dymchurch, based on EPC data. The below chart shows the distribution of detached houses by size in Dymchurch, and where 5 THE OVAL lies on this distribution: 32% of detached houses are smaller than 5 THE OVAL, and 68% of houses are larger. Note that EPC data is not available for all properties in Dymchurch.

5 THE OVAL: Plot and Title Map

5 THE OVAL sits on a plot of roughly 0.113 of an acre, or 455m². The below map shows the location of 5 THE OVAL, 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 THE OVAL). 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 THE OVAL?

5 THE OVAL is located in DYMCHURCH, in the TN29 postcode district. The below map shows the position of No. 5 on THE OVAL.