12, CANNON STREET, LYDD, ROMNEY MARSH, TN29 9AS - £195,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 CANNON STREET is a very large extended detached house of 149m², built sometime before 1900, which could now be worth an estimated £301,629. It was last sold for £195,000 in July 2015, which was around 43% below the average July 2015 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

12 CANNON STREET Sold Prices

Land registry data shows five sales for 12 CANNON STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the five 12 CANNON STREET 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
2015 1 JUL	£195,000	£341,232	43% below HPI
2010 1 SEP	£200,000	£298,316	33% below HPI
2007 8 JUN	£210,000	£294,684	29% below HPI
2004 19 MAR	£182,000	£250,688	27% below HPI
2002 30 APR	£91,500	£169,866	46% below HPI

12 CANNON STREET 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 five 12 CANNON STREET sales between April 2002 and July 2015 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 September 2010 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2015 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 12 CANNON STREET be worth now?

12 CANNON STREET might now be worth an estimated £301,629.

This is based on house price inflation of 54.7%, between July 2015 and February 2025, for detached houses, in the Folkestone and Hythe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 54.7% inflationary increase is applied to the most recent sale price for 12 CANNON STREET of £195,000 on 1st July 2015. For the value to have increased from £195,000 to £301,629 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 12 CANNON STREET has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The July 2015 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CANNON STREET has not materially changed since July 2015.

How Large is 12 CANNON STREET?

12 CANNON STREET is 149m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 20% of detached houses houses in Lydd, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lydd, and where 12 CANNON STREET lies on this distribution: 84% of detached houses houses are smaller than 12 CANNON STREET, and 16% of houses are larger. Note that EPC data is not available for all properties in Lydd.

12 CANNON STREET: Plot and Title Map

12 CANNON STREET sits on a plot of roughly 0.027 of an acre, or 108m². The below map shows the location of 12 CANNON STREET, 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 12 CANNON STREET). 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 12 CANNON STREET?

12 CANNON STREET is located in LYDD, in the TN29 postcode district. The below map shows the position of No. 12 on CANNON STREET.