TONBAR, SUSSEX ROAD, NEW ROMNEY, TN28 8EG - £234,000

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

TONBAR is a very small extended detached house of 83m², built sometime between 1967 and 1975. It was last sold for £234,000 in December 2006, which was around 18% below the average December 2006 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

TONBAR Sold Prices

Land registry data shows three sales for TONBAR 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 TONBAR 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
2006 21 DEC	£234,000	£285,485	18% below HPI
2002 11 JUL	£161,000	£187,073	14% below HPI
1998 19 JUN	£55,000	£104,060	47% below HPI

TONBAR 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 TONBAR sales between June 1998 and December 2006 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 July 2002 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2006 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is TONBAR?

TONBAR is 83m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% 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 TONBAR lies on this distribution: 8% of detached houses are smaller than TONBAR, and 91% of houses are larger. Note that EPC data is not available for all properties in New Romney.

TONBAR: Plot and Title Map

TONBAR sits on a plot of roughly 0.204 of an acre, or 827m². The below map shows the location of TONBAR, 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 TONBAR). 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 TONBAR?

TONBAR is located on SUSSEX ROAD in NEW ROMNEY, in the TN28 postcode district. The below map shows the position of TONBAR on SUSSEX ROAD.