30, THE RIDGEWAY, LYMPNE, HYTHE, CT21 4PW - £470,000

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

30 THE RIDGEWAY is a large extended detached house of 118m², built sometime between 1991 and 1995. It was last sold for £470,000 in January 2022, which was around 8% below the average January 2022 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

30 THE RIDGEWAY Sold Prices

Land registry data shows five sales for 30 THE RIDGEWAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the five 30 THE RIDGEWAY 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
2022 31 JAN	£470,000	£509,762	8% below HPI
2016 15 NOV	£358,000	£382,316	6% below HPI
2005 27 MAY	£248,500	£262,610	5% below HPI
1999 26 FEB	£100,000	£103,652	4% below HPI
1996 22 JUL	£85,000	£86,001	1% below HPI

30 THE RIDGEWAY 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 five 30 THE RIDGEWAY sales between July 1996 and January 2022 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 November 2016 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2022 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 30 THE RIDGEWAY?

30 THE RIDGEWAY is 118m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 40% of detached houses in Lympne, based on EPC data. The below chart shows the distribution of detached houses by size in Lympne, and where 30 THE RIDGEWAY lies on this distribution: 61% of detached houses are smaller than 30 THE RIDGEWAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Lympne.

30 THE RIDGEWAY: Plot and Title Map

30 THE RIDGEWAY sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 30 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 30 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 30 THE RIDGEWAY?

30 THE RIDGEWAY is located in LYMPNE, in the CT21 postcode district. The below map shows the position of No. 30 on THE RIDGEWAY.