2, THE RIDGEWAY, LYMPNE, HYTHE, CT21 4PW - £285,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 THE RIDGEWAY is a small semi-detached house of 89m², built sometime between 1991 and 1995, which could now be worth an estimated £389,523. It was last sold for £285,000 in October 2016, which was around 15% above the average October 2016 semi-detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

2 THE RIDGEWAY Sold Prices

Land registry data shows five sales for 2 THE RIDGEWAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the five 2 THE RIDGEWAY 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
2016 31 OCT	£285,000	£248,718	15% above HPI
2013 1 FEB	£228,000	£184,042	24% above HPI
2010 17 DEC	£210,000	£184,236	14% above HPI
2000 19 OCT	£113,500	£85,713	32% above HPI
1995 31 AUG	£78,500	£51,301	53% above HPI

2 THE RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Folkestone and Hythe local authority area over time, sourced from the HPI. The five 2 THE RIDGEWAY sales between August 1995 and October 2016 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 February 2013 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the October 2016 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 2 THE RIDGEWAY be worth now?

2 THE RIDGEWAY might now be worth an estimated £389,523.

This is based on house price inflation of 36.7%, between October 2016 and February 2025, for semi-detached 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 36.7% inflationary increase is applied to the most recent sale price for 2 THE RIDGEWAY of £285,000 on 31st October 2016. For the value to have increased from £285,000 to £389,523 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 THE RIDGEWAY has moved in line with the HPI for semi-detached houses in the Folkestone and Hythe local authority area.
• The October 2016 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE RIDGEWAY has not materially changed since October 2016.

How Large is 2 THE RIDGEWAY?

2 THE RIDGEWAY is 89m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 30% of semi-detached houses houses in Lympne, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lympne, and where 2 THE RIDGEWAY lies on this distribution: 26% of semi-detached houses houses are smaller than 2 THE RIDGEWAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Lympne.

2 THE RIDGEWAY: Plot and Title Map

2 THE RIDGEWAY sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 2 THE RIDGEWAY, 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 RIDGEWAY). 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 THE RIDGEWAY?

2 THE RIDGEWAY is located in LYMPNE, in the CT21 postcode district. The below map shows the position of No. 2 on THE RIDGEWAY.