WALCOTT, ROLFE LANE, NEW ROMNEY, TN28 8JL - £460,000

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

WALCOTT is a midsized detached house of 121m², built sometime between 2007 and 2011. It was last sold for £460,000 in June 2018, which was around 10% above the average June 2018 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

WALCOTT Sold Prices

Land registry data shows two sales for WALCOTT 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 WALCOTT 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
2018 22 JUN	£460,000	£416,882	10% above HPI
2011 18 MAR	£311,620	£271,603	15% above HPI

WALCOTT 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 WALCOTT sales from March 2011 and June 2018 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 2011 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2018 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is WALCOTT?

WALCOTT is 121m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 50% 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 WALCOTT lies on this distribution: 49% of detached houses are smaller than WALCOTT, and 51% of houses are larger. Note that EPC data is not available for all properties in New Romney.

WALCOTT: Plot and Title Map

WALCOTT sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of WALCOTT, 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 WALCOTT). 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 WALCOTT?

WALCOTT is located on ROLFE LANE in NEW ROMNEY, in the TN28 postcode district. The below map shows the position of WALCOTT on ROLFE LANE.