2, LEA CLOSE, HYTHE, CT21 4BU - £470,000

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

2 LEA CLOSE is a small detached house of 108m², built sometime between 1950 and 1966. It was last sold for £470,000 in July 2019, which was around 12% above the average July 2019 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

2 LEA CLOSE Sold Prices

Land registry data shows two sales for 2 LEA CLOSE 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 2 LEA CLOSE 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
2019 4 JUL	£470,000	£419,685	12% above HPI
2009 29 JUL	£262,500	£250,298	5% above HPI

2 LEA 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 two 2 LEA CLOSE sales from July 2009 and July 2019 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 2009 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2019 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 2 LEA CLOSE?

2 LEA CLOSE is 108m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 40% 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 LEA CLOSE lies on this distribution: 33% of detached houses are smaller than 2 LEA CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Hythe.

2 LEA CLOSE: Plot and Title Map

2 LEA CLOSE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 2 LEA 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 2 LEA 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 2 LEA CLOSE?

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