32, OCTAVIAN DRIVE, LYMPNE, HYTHE, CT21 4JG - £157,500

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

32 OCTAVIAN DRIVE is a very small detached house of 52m², built sometime between 1991 and 1995. It was last sold for £157,500 in February 2010, which was around 43% below the average February 2010 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was C.

32 OCTAVIAN DRIVE Sold Prices

Land registry data shows two sales for 32 OCTAVIAN DRIVE 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 32 OCTAVIAN DRIVE 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
2010 8 FEB	£157,500	£278,562	43% below HPI
2007 31 OCT	£182,000	£303,342	40% below HPI

32 OCTAVIAN DRIVE 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 32 OCTAVIAN DRIVE sales from October 2007 and February 2010 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 October 2007 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the February 2010 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 32 OCTAVIAN DRIVE?

32 OCTAVIAN DRIVE is 52m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 10% of detached houses in Lympne, based on EPC data. The below chart shows the distribution of detached houses by size in Lympne, and where 32 OCTAVIAN DRIVE lies on this distribution: Less than 1% of detached houses are smaller than 32 OCTAVIAN DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lympne.

32 OCTAVIAN DRIVE: Plot and Title Map

32 OCTAVIAN DRIVE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 32 OCTAVIAN DRIVE, 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 32 OCTAVIAN DRIVE). 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 32 OCTAVIAN DRIVE?

32 OCTAVIAN DRIVE is located in LYMPNE, in the CT21 postcode district. The below map shows the position of No. 32 on OCTAVIAN DRIVE.