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 THE OVAL is a very large detached house of 138m², built sometime between 1950 and 1966. It was last sold for £130,000 in July 1999, which was around 19% above the average July 1999 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 2 THE OVAL since 1st 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. One of the two 2 THE OVAL sales was for above the average price, whilst the other was 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 |
---|---|---|---|
1999 21 JUL | £130,000 | £109,548 | 19% above HPI |
1995 29 AUG | £75,950 | £82,313 | 8% below HPI |
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 THE OVAL sales from August 1995 and July 1999 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 1995 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 1999 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.
2 THE OVAL is 138m² according to the EPC inspection conducted in June 2022. This puts it in the largest 20% 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 THE OVAL lies on this distribution: 80% of detached houses are smaller than 2 THE OVAL, and 20% of houses are larger. Note that EPC data is not available for all properties in Dymchurch.
2 THE OVAL sits on a plot of roughly 0.207 of an acre, or 839m². The below map shows the location of 2 THE OVAL, 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 THE OVAL). 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.
2 THE OVAL is located in DYMCHURCH, in the TN29 postcode district. The below map shows the position of No. 2 on THE OVAL.