TRESSLAND, SUSSEX ROAD, NEW ROMNEY, TN28 8EG - £270,000

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

TRESSLAND is a very small detached house of 89m², built sometime between 1930 and 1949. It was last sold for £270,000 in December 2004, which was around 2% above the average December 2004 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was June 2024, where the current energy rating was E, and the potential energy rating was C.

TRESSLAND Sold Prices

Land registry data shows two sales for TRESSLAND 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 TRESSLAND 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
2004 8 DEC	£270,000	£265,357	2% above HPI
1995 10 OCT	£60,000	£79,154	24% below HPI

TRESSLAND 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 TRESSLAND sales from October 1995 and December 2004 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 1995 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2004 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is TRESSLAND?

TRESSLAND is 89m² according to the EPC inspection conducted in June 2024. 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 TRESSLAND lies on this distribution: 16% of detached houses are smaller than TRESSLAND, and 83% of houses are larger. Note that EPC data is not available for all properties in New Romney.

TRESSLAND: Plot and Title Map

TRESSLAND sits on a plot of roughly 0.288 of an acre, or 1,167m². The below map shows the location of TRESSLAND, 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 TRESSLAND). 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 TRESSLAND?

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