GUN COTTAGE, FAIRFIELD ROAD, NEW ROMNEY, TN28 8HY - £425,000

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

GUN COTTAGE is a very large extended detached house of 210m², built sometime between 1967 and 1975. It was last sold for £425,000 in August 2014, which was around 36% above the average August 2014 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was C.

GUN COTTAGE Sold Prices

Land registry data shows four sales for GUN COTTAGE 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 GUN COTTAGE 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
2014 7 AUG	£425,000	£311,394	36% above HPI
2007 3 MAY	£372,000	£280,647	33% above HPI
2006 6 OCT	£350,000	£281,935	24% above HPI
2002 8 OCT	£280,000	£198,031	41% above HPI

GUN COTTAGE 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 GUN COTTAGE sales between October 2002 and August 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 May 2007 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the August 2014 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is GUN COTTAGE?

GUN COTTAGE is 210m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 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 GUN COTTAGE lies on this distribution: 95% of detached houses are smaller than GUN COTTAGE, and 4% of houses are larger. Note that EPC data is not available for all properties in New Romney.

GUN COTTAGE: Plot and Title Map

GUN COTTAGE sits on a plot of roughly 0.333 of an acre, or 1,348m². The below map shows the location of GUN COTTAGE, 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 GUN COTTAGE). 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 GUN COTTAGE?

GUN COTTAGE is located on FAIRFIELD ROAD in NEW ROMNEY, in the TN28 postcode district. The below map shows the position of GUN COTTAGE on FAIRFIELD ROAD.