GREYLINGS, LYDD ROAD, NEW ROMNEY, TN28 8DH - £315,000

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

GREYLINGS is a large extended detached house of 137m², built sometime between 1976 and 1982. It was last sold for £315,000 in June 2018, which was around 24% below the average June 2018 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was B.

GREYLINGS Sold Prices

Land registry data shows two sales for GREYLINGS 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. One of the two GREYLINGS sales was for below the average price, whilst the other 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
2018 15 JUN	£315,000	£416,882	24% below HPI
1995 22 SEP	£83,000	£81,636	2% above HPI

GREYLINGS 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 GREYLINGS sales from September 1995 and June 2018 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 September 1995 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2018 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is GREYLINGS?

GREYLINGS is 137m², which includes one extension, according to the EPC inspection conducted in August 2017. 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 GREYLINGS lies on this distribution: 73% of detached houses are smaller than GREYLINGS, and 27% of houses are larger. Note that EPC data is not available for all properties in New Romney.

GREYLINGS: Plot and Title Map

GREYLINGS sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of GREYLINGS, 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 GREYLINGS). 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 GREYLINGS?

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