7, COCKREED LANE, NEW ROMNEY, TN28 8JH - £342,500

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

7 COCKREED LANE is a large extended detached house of 145m², built sometime between 1983 and 1990. It was last sold for £342,500 in June 2017, which was around 14% below the average June 2017 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

7 COCKREED LANE Sold Prices

Land registry data shows two sales for 7 COCKREED LANE 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 7 COCKREED LANE 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 29 JUN	£342,500	£397,567	14% below HPI
2010 22 MAR	£225,000	£279,569	20% below HPI

7 COCKREED LANE 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 7 COCKREED LANE sales from March 2010 and June 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 March 2010 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2017 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 7 COCKREED LANE?

7 COCKREED LANE is 145m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the largest 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 7 COCKREED LANE lies on this distribution: 79% of detached houses are smaller than 7 COCKREED LANE, and 21% of houses are larger. Note that EPC data is not available for all properties in New Romney.

7 COCKREED LANE: Plot and Title Map

7 COCKREED LANE sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 7 COCKREED LANE, 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 7 COCKREED LANE). 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 7 COCKREED LANE?

7 COCKREED LANE is located in NEW ROMNEY, in the TN28 postcode district. The below map shows the position of No. 7 on COCKREED LANE.