CARTREF, NORTH STREET, NEW ROMNEY, TN28 8DR - £370,000

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

CARTREF is a small extended detached house of 109m², built sometime between 1950 and 1966. It was last sold for £370,000 in January 2021, which was around 18% below the average January 2021 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

CARTREF Sold Prices

Land registry data shows three sales for CARTREF 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 CARTREF 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
2021 15 JAN	£370,000	£453,837	18% below HPI
2013 9 AUG	£237,500	£283,741	16% below HPI
2002 6 MAR	£153,000	£168,212	9% below HPI

CARTREF 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 CARTREF sales between March 2002 and January 2021 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 August 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is CARTREF?

CARTREF is 109m², which includes two extensions, according to the EPC inspection conducted in April 2014. 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 CARTREF lies on this distribution: 38% of detached houses are smaller than CARTREF, and 62% of houses are larger. Note that EPC data is not available for all properties in New Romney.

CARTREF: Plot and Title Map

CARTREF sits on a plot of roughly 0.155 of an acre, or 625m². The below map shows the location of CARTREF, 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 CARTREF). 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 CARTREF?

CARTREF is located on NORTH STREET in NEW ROMNEY, in the TN28 postcode district. The below map shows the position of CARTREF on NORTH STREET.