MORNINGSIDE, DYMCHURCH ROAD, NEW ROMNEY, TN28 8BA - £565,000

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

MORNINGSIDE is a very large detached house of 181m², built sometime between 1950 and 1966. It was last sold for £565,000 in March 2023, which was around 7% above the average March 2023 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was C.

MORNINGSIDE Sold Prices

Land registry data shows two sales for MORNINGSIDE 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 MORNINGSIDE 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
2023 30 MAR	£565,000	£527,447	7% above HPI
2021 11 OCT	£305,000	£479,181	36% below HPI

MORNINGSIDE 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 MORNINGSIDE sales from October 2021 and March 2023 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 October 2021 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2023 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is MORNINGSIDE?

MORNINGSIDE is 181m² according to the EPC inspection conducted in December 2020. This puts it in the largest 20% 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 MORNINGSIDE lies on this distribution: 88% of detached houses are smaller than MORNINGSIDE, and 11% of houses are larger. Note that EPC data is not available for all properties in New Romney.

MORNINGSIDE: Plot and Title Map

MORNINGSIDE sits on a plot of roughly 0.151 of an acre, or 613m². The below map shows the location of MORNINGSIDE, 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 MORNINGSIDE). 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 MORNINGSIDE?

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