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
8 HIGH RIDGE is a very large detached house of 208m², built sometime from 2007 onwards. It was last sold for £725,000 in December 2018, which was around 68% above the average December 2018 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was July 2015, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows four sales for 8 HIGH RIDGE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. Most of the four 8 HIGH RIDGE 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 |
---|---|---|---|
2018 14 DEC | £725,000 | £431,011 | 68% above HPI |
2015 14 DEC | £635,000 | £348,158 | 82% above HPI |
2011 6 DEC | £465,000 | £270,879 | 72% above HPI |
2010 30 JUN | £250,000 | £292,424 | 15% below HPI |
The below graph shows the average detached house price in the Folkestone and Hythe local authority area over time, sourced from the HPI. The four 8 HIGH RIDGE sales between June 2010 and December 2018 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 December 2015 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the December 2018 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.
8 HIGH RIDGE is 208m² according to the EPC inspection conducted in July 2015. This puts it in the largest 20% of detached houses in Hythe, based on EPC data. The below chart shows the distribution of detached houses by size in Hythe, and where 8 HIGH RIDGE lies on this distribution: 88% of detached houses are smaller than 8 HIGH RIDGE, and 11% of houses are larger. Note that EPC data is not available for all properties in Hythe.
8 HIGH RIDGE sits on a plot of roughly 0.227 of an acre, or 917m². The below map shows the location of 8 HIGH RIDGE, 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 8 HIGH RIDGE). 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.
8 HIGH RIDGE is located in HYTHE, in the CT21 postcode district. The below map shows the position of No. 8 on HIGH RIDGE.