GUN HOUSE, CANNON STREET, NEW ROMNEY, TN28 8BH - £775,000

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 HOUSE is a very large extended detached house of 271m², built sometime before 1900. It was last sold for £775,000 in September 2019, which was around 81% above the average September 2019 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was E.

GUN HOUSE Sold Prices

Land registry data shows four sales for GUN HOUSE 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 HOUSE 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
2019 3 SEP	£775,000	£428,036	81% above HPI
2013 4 JAN	£520,000	£282,817	84% above HPI
2007 18 DEC	£450,000	£314,174	43% above HPI
2001 21 NOV	£370,000	£156,501	136% above HPI

GUN HOUSE 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 HOUSE sales between November 2001 and September 2019 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 2013 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the September 2019 sale, where it falls to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is GUN HOUSE?

GUN HOUSE is 271m², which includes one extension, according to the EPC inspection conducted in October 2011. 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 HOUSE lies on this distribution: 99% of detached houses are smaller than GUN HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in New Romney.

GUN HOUSE: Plot and Title Map

GUN HOUSE sits on a plot of roughly 0.342 of an acre, or 1,384m². The below map shows the location of GUN HOUSE, 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 HOUSE). 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 HOUSE?

GUN HOUSE is located on CANNON STREET in NEW ROMNEY, in the TN28 postcode district. The below map shows the position of GUN HOUSE on CANNON STREET.