OLD STRAND, CHURCH ROAD, NEW ROMNEY, TN28 8EY - £612,500

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

OLD STRAND is a large detached house of 141m², built sometime between 1900 and 1929. It was last sold for £612,500 in April 2023, which was around 15% above the average April 2023 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

OLD STRAND Sold Prices

Land registry data shows two sales for OLD STRAND 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. Both of the two OLD STRAND 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
2023 6 APR	£612,500	£532,608	15% above HPI
2006 26 JUN	£279,000	£274,114	2% above HPI

OLD STRAND 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 OLD STRAND sales from June 2006 and April 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 June 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the April 2023 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is OLD STRAND?

OLD STRAND is 141m² according to the EPC inspection conducted in June 2022. This puts it in the largest 30% 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 OLD STRAND lies on this distribution: 77% of detached houses are smaller than OLD STRAND, and 22% of houses are larger. Note that EPC data is not available for all properties in New Romney.

OLD STRAND: Plot and Title Map

OLD STRAND sits on a plot of roughly 0.256 of an acre, or 1,037m². The below map shows the location of OLD STRAND, 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 OLD STRAND). 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 OLD STRAND?

OLD STRAND is located on CHURCH ROAD in NEW ROMNEY, in the TN28 postcode district. The below map shows the position of OLD STRAND on CHURCH ROAD.