CORNERWAYS, SUSSEX ROAD, NEW ROMNEY, TN28 8HL - £245,500

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

CORNERWAYS is a small detached house of 109m², built sometime between 1950 and 1966. It was last sold for £245,500 in October 2009, which was around 11% below the average October 2009 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

CORNERWAYS Sold Prices

Land registry data shows three sales for CORNERWAYS 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. Two of the three CORNERWAYS sales were for below the average price, whilst one was for above 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
2009 30 OCT	£245,500	£275,769	11% below HPI
2000 18 MAY	£155,000	£128,319	21% above HPI
1996 28 JUN	£76,500	£84,364	9% below HPI

CORNERWAYS 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 CORNERWAYS sales between June 1996 and October 2009 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 May 2000 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the October 2009 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is CORNERWAYS?

CORNERWAYS is 109m² according to the EPC inspection conducted in July 2009. 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 CORNERWAYS lies on this distribution: 38% of detached houses are smaller than CORNERWAYS, and 62% of houses are larger. Note that EPC data is not available for all properties in New Romney.

CORNERWAYS: Plot and Title Map

CORNERWAYS sits on a plot of roughly 0.225 of an acre, or 909m². The below map shows the location of CORNERWAYS, 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 CORNERWAYS). 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 CORNERWAYS?

CORNERWAYS is located on SUSSEX ROAD in NEW ROMNEY, in the TN28 postcode district. The below map shows the position of CORNERWAYS on SUSSEX ROAD.