BARN OWL, ROLFE LANE, NEW ROMNEY, TN28 8JL - £367,000

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

BARN OWL is a small detached house of 101m², built sometime between 1983 and 1990. It was last sold for £367,000 in October 2016, which was around 4% below the average October 2016 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

BARN OWL Sold Prices

Land registry data shows two sales for BARN OWL 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 BARN OWL 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
2016 21 OCT	£367,000	£384,158	4% below HPI
2002 28 OCT	£52,500	£198,031	73% below HPI

BARN OWL 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 BARN OWL sales from October 2002 and October 2016 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 October 2002 sale was for 73% below the HPI. So the extrapolation line tracks at 73% below the HPI over time, until the October 2016 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is BARN OWL?

BARN OWL is 101m² according to the EPC inspection conducted in June 2016. 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 BARN OWL lies on this distribution: 28% of detached houses are smaller than BARN OWL, and 72% of houses are larger. Note that EPC data is not available for all properties in New Romney.

BARN OWL: Plot and Title Map

BARN OWL sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of BARN OWL, 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 BARN OWL). 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 BARN OWL?

BARN OWL is located on ROLFE LANE in NEW ROMNEY, in the TN28 postcode district. The below map shows the position of BARN OWL on ROLFE LANE.