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 SWALLOWS is a small extended detached house of 99m², built sometime between 1930 and 1949. It was last sold for £325,000 in December 2011, which was around 20% above the average December 2011 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for THE SWALLOWS since 1st 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 SWALLOWS 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 |
---|---|---|---|
2011 6 DEC | £325,000 | £270,879 | 20% above HPI |
2004 26 NOV | £218,000 | £267,979 | 19% below HPI |
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 SWALLOWS sales from November 2004 and December 2011 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 November 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2011 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.
THE SWALLOWS is 99m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the smallest 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 THE SWALLOWS lies on this distribution: 25% of detached houses are smaller than THE SWALLOWS, and 75% of houses are larger. Note that EPC data is not available for all properties in New Romney.
THE SWALLOWS sits on a plot of roughly 0.264 of an acre, or 1,070m². The below map shows the location of THE SWALLOWS, 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 SWALLOWS). 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.
THE SWALLOWS is located on ASHFORD ROAD in NEW ROMNEY, in the TN28 postcode district. The below map shows the position of THE SWALLOWS on ASHFORD ROAD.