CRANTOCK, ROLFE LANE, NEW ROMNEY, TN28 8JJ - £248,000

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

CRANTOCK is a small extended detached house of 105m², built sometime between 1967 and 1975. It was last sold for £248,000 in May 2014, which was around 18% below the average May 2014 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was D.

CRANTOCK Sold Prices

Land registry data shows three sales for CRANTOCK 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 CRANTOCK 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
2014 7 MAY	£248,000	£303,579	18% below HPI
2012 20 JAN	£220,000	£267,740	18% below HPI
2010 29 JAN	£225,000	£272,143	17% below HPI

CRANTOCK 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 CRANTOCK sales between January 2010 and May 2014 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 January 2012 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2014 sale, which was also at 18% below the HPI.

How Large is CRANTOCK?

CRANTOCK is 105m², which includes two extensions, according to the EPC inspection conducted in January 2011. 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 CRANTOCK lies on this distribution: 34% of detached houses are smaller than CRANTOCK, and 66% of houses are larger. Note that EPC data is not available for all properties in New Romney.

CRANTOCK: Plot and Title Map

CRANTOCK sits on a plot of roughly 0.199 of an acre, or 804m². The below map shows the location of CRANTOCK, 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 CRANTOCK). 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 CRANTOCK?

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