THE COLTINGS, COCKREED LANE, NEW ROMNEY, TN28 8TW - £350,000

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

THE COLTINGS is a very large detached house of 175m², built sometime between 1967 and 1975. It was last sold for £350,000 in June 2016, which was around 6% below the average June 2016 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

THE COLTINGS Sold Prices

Land registry data shows two sales for THE COLTINGS 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 THE COLTINGS sales was for below the average price, whilst the other was 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
2016 29 JUN	£350,000	£372,493	6% below HPI
2002 28 AUG	£250,000	£192,926	30% above HPI

THE COLTINGS 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 THE COLTINGS sales from August 2002 and June 2016 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 August 2002 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the June 2016 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is THE COLTINGS?

THE COLTINGS is 175m² according to the EPC inspection conducted in May 2011. 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 THE COLTINGS lies on this distribution: 87% of detached houses are smaller than THE COLTINGS, and 13% of houses are larger. Note that EPC data is not available for all properties in New Romney.

THE COLTINGS: Plot and Title Map

THE COLTINGS sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of THE COLTINGS, 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 THE COLTINGS). 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 THE COLTINGS?

THE COLTINGS is located on COCKREED LANE in NEW ROMNEY, in the TN28 postcode district. The below map shows the position of THE COLTINGS on COCKREED LANE.