MULBERRY HOUSE, LIONS ROAD, NEW ROMNEY, TN28 8HA - £615,000

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

MULBERRY HOUSE is a very large detached house of 364m², built sometime before 1900. It was last sold for £615,000 in August 2013, which was around 117% above the average August 2013 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was June 2012, where the current energy rating was E, and the potential energy rating was D.

MULBERRY HOUSE Sold Prices

Land registry data shows three sales for MULBERRY HOUSE 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 MULBERRY 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
2013 28 AUG	£615,000	£283,741	117% above HPI
2007 20 JUL	£475,000	£294,781	61% above HPI
1999 26 JUL	£250,000	£109,548	128% above HPI

MULBERRY 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 three MULBERRY HOUSE sales between July 1999 and August 2013 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 July 2007 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the August 2013 sale, where it rises to 117% above the HPI. The line then continues to track at 117% above the HPI.

How Large is MULBERRY HOUSE?

MULBERRY HOUSE is 364m² according to the EPC inspection conducted in June 2012. 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 MULBERRY HOUSE lies on this distribution: More than 99% of detached houses are smaller than MULBERRY HOUSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in New Romney.

MULBERRY HOUSE: Plot and Title Map

MULBERRY HOUSE sits on a plot of roughly 0.249 of an acre, or 1,007m². The below map shows the location of MULBERRY 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 MULBERRY 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 MULBERRY HOUSE?

MULBERRY HOUSE is located on LIONS ROAD in NEW ROMNEY, in the TN28 postcode district. The below map shows the position of MULBERRY HOUSE on LIONS ROAD.