EASTBROOK, CHURCH LANE, NEW ROMNEY, TN28 8ES - £240,000

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

EASTBROOK is a very small detached house of 64m², built sometime between 1930 and 1949. It was last sold for £240,000 in July 2020, which was around 43% below the average July 2020 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

EASTBROOK Sold Prices

Land registry data shows four sales for EASTBROOK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the four EASTBROOK 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
2020 24 JUL	£240,000	£424,442	43% below HPI
2012 29 JUN	£158,000	£279,903	44% below HPI
1996 19 JUN	£59,000	£84,364	30% below HPI
1995 23 JUN	£43,500	£79,239	45% below HPI

EASTBROOK 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 four EASTBROOK sales between June 1995 and July 2020 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 June 2012 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the July 2020 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is EASTBROOK?

EASTBROOK is 64m² according to the EPC inspection conducted in October 2011. 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 EASTBROOK lies on this distribution: 1% of detached houses are smaller than EASTBROOK, and 99% of houses are larger. Note that EPC data is not available for all properties in New Romney.

EASTBROOK: Plot and Title Map

EASTBROOK sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of EASTBROOK, 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 EASTBROOK). 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 EASTBROOK?

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