10, RICHMOND DRIVE, NEW ROMNEY, TN28 8UT - £305,000

10 RICHMOND DRIVE is a very small detached house of 84m², built sometime between 1976 and 1982. It was last sold for £305,000 in July 2017, which was around 24% below the average July 2017 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

10 RICHMOND DRIVE Sold Prices

Land registry data shows three sales for 10 RICHMOND DRIVE 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 10 RICHMOND DRIVE 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
2017 14 JUL	£305,000	£399,571	24% below HPI
2001 9 APR	£127,500	£142,801	11% below HPI
1999 12 NOV	£100,000	£115,125	13% below HPI

10 RICHMOND DRIVE 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 10 RICHMOND DRIVE sales between November 1999 and July 2017 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 April 2001 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2017 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 10 RICHMOND DRIVE?

10 RICHMOND DRIVE is 84m² according to the EPC inspection conducted in March 2017. 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 10 RICHMOND DRIVE lies on this distribution: 9% of detached houses are smaller than 10 RICHMOND DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in New Romney.

10 RICHMOND DRIVE: Plot and Title Map

10 RICHMOND DRIVE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 10 RICHMOND DRIVE, 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 10 RICHMOND DRIVE). 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 10 RICHMOND DRIVE?

10 RICHMOND DRIVE is located in NEW ROMNEY, in the TN28 postcode district. The below map shows the position of No. 10 on RICHMOND DRIVE.