19, THE RIDGEWAY, LYMPNE, HYTHE, CT21 4PW - £405,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

19 THE RIDGEWAY is a large detached house of 123m², built sometime between 1996 and 2002. It was last sold for £405,000 in May 2015, which was around 23% above the average May 2015 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was C.

19 THE RIDGEWAY Sold Prices

Land registry data shows two sales for 19 THE RIDGEWAY 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 19 THE RIDGEWAY sales were for above 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 29 MAY	£405,000	£328,452	23% above HPI
1997 29 SEP	£135,000	£95,010	42% above HPI

19 THE RIDGEWAY 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 19 THE RIDGEWAY sales from September 1997 and May 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 1997 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the May 2015 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 19 THE RIDGEWAY?

19 THE RIDGEWAY is 123m² according to the EPC inspection conducted in January 2015. This puts it in the largest 40% of detached houses in Lympne, based on EPC data. The below chart shows the distribution of detached houses by size in Lympne, and where 19 THE RIDGEWAY lies on this distribution: 63% of detached houses are smaller than 19 THE RIDGEWAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Lympne.

19 THE RIDGEWAY: Plot and Title Map

19 THE RIDGEWAY sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 19 THE RIDGEWAY, 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 19 THE RIDGEWAY). 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 19 THE RIDGEWAY?

19 THE RIDGEWAY is located in LYMPNE, in the CT21 postcode district. The below map shows the position of No. 19 on THE RIDGEWAY.