HIGH POINT, CANNON STREET, NEW ROMNEY, TN28 8BJ - £310,000

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

HIGH POINT is a very small detached house of 80m², built sometime between 2003 and 2006. It was last sold for £310,000 in September 2011, which was around 13% above the average September 2011 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

HIGH POINT Sold Prices

Land registry data shows two sales for HIGH POINT 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 HIGH POINT sales was for above the average price, whilst the other was 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
2011 13 SEP	£310,000	£275,098	13% above HPI
2004 29 SEP	£72,500	£264,886	73% below HPI

HIGH POINT 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 HIGH POINT sales from September 2004 and September 2011 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 2004 sale was for 73% below the HPI. So the extrapolation line tracks at 73% below the HPI over time, until the September 2011 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is HIGH POINT?

HIGH POINT is 80m² according to the EPC inspection conducted in June 2010. 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 HIGH POINT lies on this distribution: 7% of detached houses are smaller than HIGH POINT, and 93% of houses are larger. Note that EPC data is not available for all properties in New Romney.

HIGH POINT: Plot and Title Map

HIGH POINT sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of HIGH POINT, 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 HIGH POINT). 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 HIGH POINT?

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