4, OCTAVIAN DRIVE, LYMPNE, HYTHE, CT21 4JG - £220,652

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

4 OCTAVIAN DRIVE is a very small detached house of 59m², built sometime between 1983 and 1990, which could now be worth an estimated £344,114. It was last sold for £220,652 in May 2015, which was around 35% below the average May 2015 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was September 2024, where the current energy rating was E, and the potential energy rating was B.

4 OCTAVIAN DRIVE Sold Prices

Land registry data shows three sales for 4 OCTAVIAN DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the three 4 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
2015 14 MAY	£220,652	£338,449	35% below HPI
2009 6 NOV	£170,000	£287,571	41% below HPI
2008 28 AUG	£130,000	£298,777	56% below HPI

4 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 three 4 OCTAVIAN DRIVE sales between August 2008 and May 2015 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 2009 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2015 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 4 OCTAVIAN DRIVE be worth now?

4 OCTAVIAN DRIVE might now be worth an estimated £344,114.

This is based on house price inflation of 56%, between May 2015 and February 2025, for 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 56% inflationary increase is applied to the most recent sale price for 4 OCTAVIAN DRIVE of £220,652 on 14th May 2015. For the value to have increased from £220,652 to £344,114 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 4 OCTAVIAN DRIVE has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The May 2015 sale price of £220,652 represented a fair market value for the property.
• The size, condition, and specification of 4 OCTAVIAN DRIVE has not materially changed since May 2015.

How Large is 4 OCTAVIAN DRIVE?

4 OCTAVIAN DRIVE is 59m² according to the EPC inspection conducted in September 2024. This puts it in the smallest 10% of detached houses houses in Lympne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lympne, and where 4 OCTAVIAN DRIVE lies on this distribution: 6% of detached houses houses are smaller than 4 OCTAVIAN DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Lympne.

4 OCTAVIAN DRIVE: Plot and Title Map

4 OCTAVIAN DRIVE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 4 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 4 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 4 OCTAVIAN DRIVE?

4 OCTAVIAN DRIVE is located in LYMPNE, in the CT21 postcode district. The below map shows the position of No. 4 on OCTAVIAN DRIVE.