NEW PROVIDENCE, ROBIN LANE, LYDD, ROMNEY MARSH, TN29 9JA - £272,000

NEW PROVIDENCE is a very large detached house of 157m², built sometime between 1976 and 1982. It was last sold for £272,000 in August 2013, which was around 4% below the average August 2013 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

NEW PROVIDENCE Sold Prices

Land registry data shows two sales for NEW PROVIDENCE 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 NEW PROVIDENCE 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
2013 12 AUG	£272,000	£283,741	4% below HPI
2002 1 JUL	£133,000	£187,073	29% below HPI

NEW PROVIDENCE 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 NEW PROVIDENCE sales from July 2002 and August 2013 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 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2013 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is NEW PROVIDENCE?

NEW PROVIDENCE is 157m² according to the EPC inspection conducted in May 2013. This puts it in the largest 20% of detached houses in Lydd, based on EPC data. The below chart shows the distribution of detached houses by size in Lydd, and where NEW PROVIDENCE lies on this distribution: 88% of detached houses are smaller than NEW PROVIDENCE, and 12% of houses are larger. Note that EPC data is not available for all properties in Lydd.

NEW PROVIDENCE: Plot and Title Map

NEW PROVIDENCE sits on a plot of roughly 0.155 of an acre, or 629m². The below map shows the location of NEW PROVIDENCE, 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 NEW PROVIDENCE). 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 NEW PROVIDENCE?

NEW PROVIDENCE is located on ROBIN LANE in LYDD, in the TN29 postcode district. The below map shows the position of NEW PROVIDENCE on ROBIN LANE.