8, MELBURY MEWS, NEW ROMNEY, TN28 8XD - £242,000

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

8 MELBURY MEWS is a small extended detached house of 110m², built sometime between 1991 and 1995. It was last sold for £242,000 in January 2015, which was around 25% below the average January 2015 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

8 MELBURY MEWS Sold Prices

Land registry data shows three sales for 8 MELBURY MEWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the three 8 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
2015 9 JAN	£242,000	£324,219	25% below HPI
2010 23 DEC	£205,000	£283,571	28% below HPI
2000 23 NOV	£109,000	£140,704	23% below HPI

8 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 three 8 MELBURY MEWS sales between November 2000 and January 2015 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 2010 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2015 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 8 MELBURY MEWS?

8 MELBURY MEWS is 110m², which includes two extensions, according to the EPC inspection conducted in July 2010. 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 8 MELBURY MEWS lies on this distribution: 39% of detached houses are smaller than 8 MELBURY MEWS, and 61% of houses are larger. Note that EPC data is not available for all properties in New Romney.

8 MELBURY MEWS: Plot and Title Map

8 MELBURY MEWS sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 8 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 8 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 8 MELBURY MEWS?

8 MELBURY MEWS is located in NEW ROMNEY, in the TN28 postcode district. The below map shows the position of No. 8 on MELBURY MEWS.