2, PEAR TREE LANE, DYMCHURCH, ROMNEY MARSH, TN29 0LU - £625,000

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 PEAR TREE LANE is a very large extended detached house of 262m², built sometime between 2003 and 2006. It was last sold for £625,000 in January 2019, which was around 45% above the average January 2019 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was C.

2 PEAR TREE LANE Sold Prices

Land registry data shows two sales for 2 PEAR TREE LANE 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 PEAR TREE LANE 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 29 JAN	£625,000	£430,081	45% above HPI
2006 4 AUG	£432,000	£274,739	57% above HPI

2 PEAR TREE LANE 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 PEAR TREE LANE sales from August 2006 and January 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 August 2006 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the January 2019 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 2 PEAR TREE LANE?

2 PEAR TREE LANE is 262m², which includes two extensions, according to the EPC inspection conducted in October 2016. This puts it in the largest 10% of detached houses in Dymchurch, based on EPC data. The below chart shows the distribution of detached houses by size in Dymchurch, and where 2 PEAR TREE LANE lies on this distribution: 99% of detached houses are smaller than 2 PEAR TREE LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Dymchurch.

2 PEAR TREE LANE: Plot and Title Map

2 PEAR TREE LANE sits on a plot of roughly 0.218 of an acre, or 882m². The below map shows the location of 2 PEAR TREE LANE, 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 PEAR TREE LANE). 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 PEAR TREE LANE?

2 PEAR TREE LANE is located in DYMCHURCH, in the TN29 postcode district. The below map shows the position of No. 2 on PEAR TREE LANE.