MOORINGS, LYDD ROAD, NEW ROMNEY, TN28 8DH - £284,999

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

MOORINGS is a large detached house of 131m², built sometime between 1967 and 1975. It was last sold for £284,999 in February 2015, which was around 11% below the average February 2015 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

MOORINGS Sold Prices

Land registry data shows three sales for MOORINGS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the three MOORINGS 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
2015 27 FEB	£284,999	£319,854	11% below HPI
2008 7 MAR	£275,000	£291,752	6% below HPI
2004 21 MAY	£185,000	£240,580	23% below HPI

MOORINGS 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 three MOORINGS sales between May 2004 and February 2015 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 2008 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2015 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is MOORINGS?

MOORINGS is 131m² according to the EPC inspection conducted in September 2010. This puts it in the largest 40% 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 MOORINGS lies on this distribution: 66% of detached houses are smaller than MOORINGS, and 34% of houses are larger. Note that EPC data is not available for all properties in New Romney.

MOORINGS: Plot and Title Map

MOORINGS sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of MOORINGS, 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 MOORINGS). 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 MOORINGS?

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