DELAMERE, SPITALFIELD LANE, NEW ROMNEY, TN28 8HQ - £575,000

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

DELAMERE is a large extended detached house of 141m², built sometime between 1930 and 1949. It was last sold for £575,000 in November 2023, which was around 14% above the average November 2023 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

DELAMERE Sold Prices

Land registry data shows two sales for DELAMERE 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 DELAMERE sales were 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
2023 21 NOV	£575,000	£506,129	14% above HPI
2014 16 JAN	£380,000	£291,442	30% above HPI

DELAMERE 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 DELAMERE sales from January 2014 and November 2023 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 2014 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the November 2023 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is DELAMERE?

DELAMERE is 141m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 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 DELAMERE lies on this distribution: 77% of detached houses are smaller than DELAMERE, and 22% of houses are larger. Note that EPC data is not available for all properties in New Romney.

DELAMERE: Plot and Title Map

DELAMERE sits on a plot of roughly 0.281 of an acre, or 1,137m². The below map shows the location of DELAMERE, 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 DELAMERE). 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 DELAMERE?

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