2, MILL ROAD, LYDD, ROMNEY MARSH, TN29 9EP - £284,000

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 MILL ROAD is a midsized detached house of 95m², built sometime between 1930 and 1949. It was last sold for £284,000 in October 2005, which was around 8% above the average October 2005 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

2 MILL ROAD Sold Prices

Land registry data shows two sales for 2 MILL ROAD 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 MILL ROAD 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
2005 14 OCT	£284,000	£262,574	8% above HPI
1996 19 DEC	£127,500	£85,892	48% above HPI

2 MILL ROAD 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 MILL ROAD sales from December 1996 and October 2005 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 December 1996 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the October 2005 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 2 MILL ROAD?

2 MILL ROAD is 95m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 50% of detached houses in Lydd, based on EPC data. The below chart shows the distribution of detached houses by size in Lydd, and where 2 MILL ROAD lies on this distribution: 47% of detached houses are smaller than 2 MILL ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Lydd.

2 MILL ROAD: Plot and Title Map

2 MILL ROAD sits on a plot of roughly 0.177 of an acre, or 715m². The below map shows the location of 2 MILL ROAD, 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 MILL ROAD). 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 MILL ROAD?

2 MILL ROAD is located in LYDD, in the TN29 postcode district. The below map shows the position of No. 2 on MILL ROAD.