PRIMROSE LODGE, FAIRFIELD ROAD, NEW ROMNEY, TN28 8HY - £342,500

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

PRIMROSE LODGE is a very large detached house of 167m², built sometime between 1996 and 2002. It was last sold for £342,500 in January 2012, which was around 28% above the average January 2012 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was C.

PRIMROSE LODGE Sold Prices

Land registry data shows three sales for PRIMROSE LODGE 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 PRIMROSE LODGE 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
2012 20 JAN	£342,500	£267,740	28% above HPI
2009 7 OCT	£330,000	£275,769	20% above HPI
2003 5 DEC	£277,000	£237,938	16% above HPI

PRIMROSE LODGE 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 PRIMROSE LODGE sales between December 2003 and January 2012 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 2009 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the January 2012 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is PRIMROSE LODGE?

PRIMROSE LODGE is 167m² according to the EPC inspection conducted in September 2023. 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 PRIMROSE LODGE lies on this distribution: 85% of detached houses are smaller than PRIMROSE LODGE, and 15% of houses are larger. Note that EPC data is not available for all properties in New Romney.

PRIMROSE LODGE: Plot and Title Map

PRIMROSE LODGE sits on a plot of roughly 0.224 of an acre, or 907m². The below map shows the location of PRIMROSE LODGE, 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 PRIMROSE LODGE). 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 PRIMROSE LODGE?

PRIMROSE LODGE is located on FAIRFIELD ROAD in NEW ROMNEY, in the TN28 postcode district. The below map shows the position of PRIMROSE LODGE on FAIRFIELD ROAD.