2, GREBE CRESCENT, HYTHE, CT21 6QN - £340,000

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

2 GREBE CRESCENT is a very small detached house of 80m², built sometime between 1976 and 1982. It was last sold for £340,000 in June 2021, which was around 26% below the average June 2021 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was April 2021, where the current energy rating was E, and the potential energy rating was B.

2 GREBE CRESCENT Sold Prices

Land registry data shows three sales for 2 GREBE CRESCENT 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 2 GREBE CRESCENT 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
2021 4 JUN	£340,000	£461,351	26% below HPI
2011 11 JUL	£222,000	£269,986	18% below HPI
1998 31 JUL	£97,000	£104,366	7% below HPI

2 GREBE CRESCENT 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 2 GREBE CRESCENT sales between July 1998 and June 2021 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 2011 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 GREBE CRESCENT?

2 GREBE CRESCENT is 80m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 20% of detached houses in Hythe, based on EPC data. The below chart shows the distribution of detached houses by size in Hythe, and where 2 GREBE CRESCENT lies on this distribution: 10% of detached houses are smaller than 2 GREBE CRESCENT, and 90% of houses are larger. Note that EPC data is not available for all properties in Hythe.

2 GREBE CRESCENT: Plot and Title Map

2 GREBE CRESCENT sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 2 GREBE CRESCENT, 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 2 GREBE CRESCENT). 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 2 GREBE CRESCENT?

2 GREBE CRESCENT is located in HYTHE, in the CT21 postcode district. The below map shows the position of No. 2 on GREBE CRESCENT.