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
BUTTFIELD COTTAGE is a very small extended semi-detached house of 79m², built sometime before 1900. It was last sold for £275,000 in May 2017, which was around 29% below the average May 2017 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for BUTTFIELD COTTAGE since 1st 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 BUTTFIELD COTTAGE 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 26 MAY | £275,000 | £387,864 | 29% below HPI |
2015 24 APR | £190,000 | £321,236 | 41% below HPI |
2009 3 JUL | £210,000 | £250,298 | 16% below 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 three BUTTFIELD COTTAGE sales between July 2009 and May 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 April 2015 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2017 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.
BUTTFIELD COTTAGE is 79m², which includes one extension, according to the EPC inspection conducted in January 2017. 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 BUTTFIELD COTTAGE lies on this distribution: 6% of detached houses are smaller than BUTTFIELD COTTAGE, and 93% of houses are larger. Note that EPC data is not available for all properties in New Romney.
BUTTFIELD COTTAGE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of BUTTFIELD COTTAGE, 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 BUTTFIELD COTTAGE). 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.
BUTTFIELD COTTAGE is located on CHURCH ROAD in NEW ROMNEY, in the TN28 postcode district. The below map shows the position of BUTTFIELD COTTAGE on CHURCH ROAD.