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
71 ROLFE LANE is a large extended detached house of 135m², built sometime between 1967 and 1975. It was last sold for £390,000 in August 2017, which was around 2% below the average August 2017 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 71 ROLFE LANE since 1st 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. One of the two 71 ROLFE LANE sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2017 11 AUG | £390,000 | £398,558 | 2% below HPI |
2004 5 JUL | £277,000 | £253,034 | 9% above HPI |
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 71 ROLFE LANE sales from July 2004 and August 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 July 2004 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2017 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.
71 ROLFE LANE is 135m², which includes two extensions, according to the EPC inspection conducted in January 2015. 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 71 ROLFE LANE lies on this distribution: 72% of detached houses are smaller than 71 ROLFE LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in New Romney.
71 ROLFE LANE sits on a plot of roughly 0.166 of an acre, or 673m². The below map shows the location of 71 ROLFE 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 71 ROLFE 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.
71 ROLFE LANE is located in NEW ROMNEY, in the TN28 postcode district. The below map shows the position of No. 71 on ROLFE LANE.