THE WELLS, BURMARSH ROAD, DYMCHURCH, ROMNEY MARSH, TN29 0JT - £460,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE WELLS is a very large detached house of 199m², built sometime between 1950 and 1966. It was last sold for £460,000 in May 2015, which was around 40% above the average May 2015 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

THE WELLS Sold Prices

Land registry data shows two sales for THE WELLS 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 THE WELLS 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
2015 21 MAY	£460,000	£328,452	40% above HPI
1996 25 OCT	£95,000	£86,293	10% above HPI

THE WELLS 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 WELLS sales from October 1996 and May 2015 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 1996 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the May 2015 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is THE WELLS?

THE WELLS is 199m² according to the EPC inspection conducted in February 2014. This puts it in the largest 10% of detached houses in Dymchurch, based on EPC data. The below chart shows the distribution of detached houses by size in Dymchurch, and where THE WELLS lies on this distribution: 95% of detached houses are smaller than THE WELLS, and 5% of houses are larger. Note that EPC data is not available for all properties in Dymchurch.

THE WELLS: Plot and Title Map

THE WELLS sits on a plot of roughly 0.515 of an acre, or 2,083m². The below map shows the location of THE WELLS, 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 WELLS). 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 WELLS?

THE WELLS is located on BURMARSH ROAD in DYMCHURCH, in the TN29 postcode district. The below map shows the position of THE WELLS on BURMARSH ROAD.