13, MEGAN CLOSE, LYDD, ROMNEY MARSH, TN29 9LB - £200,000

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

13 MEGAN CLOSE is a large detached house of 103m², built sometime between 1991 and 1995. It was last sold for £200,000 in June 2012, which was around 29% below the average June 2012 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

13 MEGAN CLOSE Sold Prices

Land registry data shows three sales for 13 MEGAN CLOSE 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 13 MEGAN 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
2012 1 JUN	£200,000	£279,903	29% below HPI
2007 8 NOV	£186,000	£310,774	40% below HPI
2002 9 DEC	£147,500	£203,388	27% below HPI

13 MEGAN 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 three 13 MEGAN CLOSE sales between December 2002 and June 2012 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 November 2007 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2012 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 13 MEGAN CLOSE?

13 MEGAN CLOSE is 103m² according to the EPC inspection conducted in May 2014. This puts it in the largest 40% of detached houses in Lydd, based on EPC data. The below chart shows the distribution of detached houses by size in Lydd, and where 13 MEGAN CLOSE lies on this distribution: 62% of detached houses are smaller than 13 MEGAN CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Lydd.

13 MEGAN CLOSE: Plot and Title Map

13 MEGAN CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 13 MEGAN 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 13 MEGAN 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 13 MEGAN CLOSE?

13 MEGAN CLOSE is located in LYDD, in the TN29 postcode district. The below map shows the position of No. 13 on MEGAN CLOSE.