8, STATION ROAD, NEW ROMNEY, TN28 8LG - £257,500

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

8 STATION ROAD is a very small detached house of 83m², built sometime between 1976 and 1982. It was last sold for £257,500 in January 2017, which was around 33% below the average January 2017 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was D.

8 STATION ROAD Sold Prices

Land registry data shows four sales for 8 STATION ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the four 8 STATION ROAD 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 JAN	£257,500	£384,167	33% below HPI
2014 12 FEB	£199,995	£291,430	31% below HPI
1997 1 AUG	£64,500	£93,512	31% below HPI
1995 11 OCT	£60,000	£79,154	24% below HPI

8 STATION ROAD 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 four 8 STATION ROAD sales between October 1995 and January 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 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2017 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 8 STATION ROAD?

8 STATION ROAD is 83m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% 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 STATION ROAD lies on this distribution: 9% of detached houses are smaller than 8 STATION ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in New Romney.

8 STATION ROAD: Plot and Title Map

8 STATION ROAD sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 8 STATION ROAD, 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 STATION ROAD). 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 STATION ROAD?

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