AVALON, CHURCH LANE, NEW ROMNEY, TN28 8ES - £194,995

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

AVALON is a small extended detached house of 93m², built sometime between 1950 and 1966. It was last sold for £194,995 in November 2006, which was around 31% below the average November 2006 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

AVALON Sold Prices

Land registry data shows two sales for AVALON 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 AVALON 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
2006 9 NOV	£194,995	£283,077	31% below HPI
1995 15 SEP	£55,500	£81,636	32% below HPI

AVALON 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 AVALON sales from September 1995 and November 2006 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 September 1995 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2006 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is AVALON?

AVALON is 93m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the smallest 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 AVALON lies on this distribution: 20% of detached houses are smaller than AVALON, and 79% of houses are larger. Note that EPC data is not available for all properties in New Romney.

AVALON: Plot and Title Map

AVALON sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of AVALON, 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 AVALON). 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 AVALON?

AVALON is located on CHURCH LANE in NEW ROMNEY, in the TN28 postcode district. The below map shows the position of AVALON on CHURCH LANE.