38, REDOUBT WAY, DYMCHURCH, ROMNEY MARSH, TN29 0UF - £145,000

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

38 REDOUBT WAY is a very small detached house of 58m², built sometime between 1950 and 1966. It was last sold for £145,000 in August 2003, which was around 38% below the average August 2003 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

38 REDOUBT WAY Sold Prices

Land registry data shows two sales for 38 REDOUBT WAY 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 38 REDOUBT WAY 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
2003 29 AUG	£145,000	£232,843	38% below HPI
1997 9 MAY	£47,000	£88,080	47% below HPI

38 REDOUBT WAY 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 38 REDOUBT WAY sales from May 1997 and August 2003 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 May 1997 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the August 2003 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 38 REDOUBT WAY?

38 REDOUBT WAY is 58m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of detached houses in Dymchurch, based on EPC data. The below chart shows the distribution of detached houses by size in Dymchurch, and where 38 REDOUBT WAY lies on this distribution: 2% of detached houses are smaller than 38 REDOUBT WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Dymchurch.

38 REDOUBT WAY: Plot and Title Map

38 REDOUBT WAY sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 38 REDOUBT WAY, 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 38 REDOUBT WAY). 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 38 REDOUBT WAY?

38 REDOUBT WAY is located in DYMCHURCH, in the TN29 postcode district. The below map shows the position of No. 38 on REDOUBT WAY.