2, SOUTHVIEW COTTAGES, ROBIN HOOD LANE, LYDD, ROMNEY MARSH, TN29 9HY - £150,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 SOUTHVIEW COTTAGES is a very small extended terraced house of 58m², built sometime between 1900 and 1929, which could now be worth an estimated £188,856. It was last sold for £150,000 in July 2020, which was around 31% below the average July 2020 terraced price in the Folkestone and Hythe local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was A.

2 SOUTHVIEW COTTAGES Sold Prices

Land registry data shows two sales for 2 SOUTHVIEW COTTAGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Folkestone and Hythe local authority area for the corresponding sale date. Both of the two 2 SOUTHVIEW COTTAGES 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
2020 31 JUL	£150,000	£217,524	31% below HPI
2015 17 AUG	£138,500	£172,569	20% below HPI

2 SOUTHVIEW COTTAGES Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Folkestone and Hythe local authority area over time, sourced from the HPI. The two 2 SOUTHVIEW COTTAGES sales from August 2015 and July 2020 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 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 2 SOUTHVIEW COTTAGES be worth now?

2 SOUTHVIEW COTTAGES might now be worth an estimated £188,856.

This is based on house price inflation of 25.9%, between July 2020 and July 2025, for terraced houses, in the Folkestone and Hythe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.9% inflationary increase is applied to the most recent sale price for 2 SOUTHVIEW COTTAGES of £150,000 on 31st July 2020. For the value to have increased from £150,000 to £188,856 over the five years to July 2025, the following assumptions must hold true:

• The value of 2 SOUTHVIEW COTTAGES has moved in line with the HPI for terraced houses in the Folkestone and Hythe local authority area.
• The July 2020 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SOUTHVIEW COTTAGES has not materially changed since July 2020.

How Large is 2 SOUTHVIEW COTTAGES?

2 SOUTHVIEW COTTAGES is 58m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% of terraced houses houses in Lydd, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lydd, and where 2 SOUTHVIEW COTTAGES lies on this distribution: 3% of terraced houses houses are smaller than 2 SOUTHVIEW COTTAGES, and 97% of houses are larger. Note that EPC data is not available for all properties in Lydd.

2 SOUTHVIEW COTTAGES: Plot and Title Map

2 SOUTHVIEW COTTAGES sits on a plot of roughly 0.010 of an acre, or 42m². The below map shows the location of 2 SOUTHVIEW COTTAGES, 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 SOUTHVIEW COTTAGES). 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 SOUTHVIEW COTTAGES?

2 SOUTHVIEW COTTAGES is located on ROBIN HOOD LANE in LYDD, in the TN29 postcode district. The below map shows the position of 2 SOUTHVIEW COTTAGES on ROBIN HOOD LANE.