THURNE HOUSE, FAIRFIELD ROAD, NEW ROMNEY, TN28 8HN - £365,000

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

THURNE HOUSE is a very small detached house of 90m², built sometime between 1976 and 1982. It was last sold for £365,000 in October 2021, which was around 24% below the average October 2021 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

THURNE HOUSE Sold Prices

Land registry data shows three sales for THURNE HOUSE 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 THURNE HOUSE sales were 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
2021 11 OCT	£365,000	£479,181	24% below HPI
2015 9 MAR	£250,000	£318,930	22% below HPI
2013 24 MAY	£200,000	£279,834	29% below HPI

THURNE HOUSE 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 THURNE HOUSE sales between May 2013 and October 2021 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 March 2015 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is THURNE HOUSE?

THURNE HOUSE is 90m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 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 THURNE HOUSE lies on this distribution: 18% of detached houses are smaller than THURNE HOUSE, and 81% of houses are larger. Note that EPC data is not available for all properties in New Romney.

THURNE HOUSE: Plot and Title Map

THURNE HOUSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of THURNE HOUSE, 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 THURNE HOUSE). 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 THURNE HOUSE?

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