ELRAY, DUNGENESS ROAD, DUNGENESS, ROMNEY MARSH, TN29 9NB - £140,000

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

ELRAY is a very large detached house of 147m², built sometime between 2007 and 2011. It was last sold for £140,000 in October 2005, which was around 47% below the average October 2005 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

ELRAY Sold Prices

Land registry data shows two sales for ELRAY 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 ELRAY 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
2005 14 OCT	£140,000	£262,574	47% below HPI
1995 24 MAR	£20,000	£80,119	75% below HPI

ELRAY 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 ELRAY sales from March 1995 and October 2005 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 March 1995 sale was for 75% below the HPI. So the extrapolation line tracks at 75% below the HPI over time, until the October 2005 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is ELRAY?

ELRAY is 147m² according to the EPC inspection conducted in August 2023. This puts it in the largest 10% of detached houses in Dungeness, based on EPC data. The below chart shows the distribution of detached houses by size in Dungeness, and where ELRAY lies on this distribution: More than 99% of detached houses are smaller than ELRAY, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Dungeness.

ELRAY: Plot and Title Map

ELRAY sits on a plot of roughly 0.145 of an acre, or 589m². The below map shows the location of ELRAY, 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 ELRAY). 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 ELRAY?

ELRAY is located on DUNGENESS ROAD in DUNGENESS, in the TN29 postcode district. The below map shows the position of ELRAY on DUNGENESS ROAD.