24, PRIORY CLOSE, NEW ROMNEY, TN28 8HH - £390,000

24 PRIORY CLOSE is a very small extended detached house of 89m², built sometime between 1950 and 1966. It was last sold for £390,000 in June 2019, which was around 6% below the average June 2019 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

24 PRIORY CLOSE Sold Prices

Land registry data shows two sales for 24 PRIORY CLOSE 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 24 PRIORY CLOSE 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
2019 7 JUN	£390,000	£416,193	6% below HPI
2017 11 AUG	£275,000	£398,558	31% below HPI

24 PRIORY CLOSE 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 24 PRIORY CLOSE sales from August 2017 and June 2019 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 August 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2019 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 24 PRIORY CLOSE?

24 PRIORY CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in May 2017. 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 24 PRIORY CLOSE lies on this distribution: 17% of detached houses are smaller than 24 PRIORY CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in New Romney.

24 PRIORY CLOSE: Plot and Title Map

24 PRIORY CLOSE sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 24 PRIORY CLOSE, 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 24 PRIORY CLOSE). 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 24 PRIORY CLOSE?

24 PRIORY CLOSE is located in NEW ROMNEY, in the TN28 postcode district. The below map shows the position of No. 24 on PRIORY CLOSE.