8, MARTINS WAY, HYTHE, CT21 6QU - £270,000

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

8 MARTINS WAY is a small extended detached house of 106m², built sometime between 1967 and 1975. It was last sold for £270,000 in February 2020, which was around 38% below the average February 2020 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

8 MARTINS WAY Sold Prices

Land registry data shows three sales for 8 MARTINS WAY 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 8 MARTINS 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
2020 7 FEB	£270,000	£436,235	38% below HPI
2002 27 MAR	£124,000	£168,212	26% below HPI
1997 13 MAY	£79,000	£88,080	10% below HPI

8 MARTINS 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 three 8 MARTINS WAY sales between May 1997 and February 2020 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 March 2002 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2020 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 8 MARTINS WAY?

8 MARTINS WAY is 106m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% 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 MARTINS WAY lies on this distribution: 32% of detached houses are smaller than 8 MARTINS WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Hythe.

8 MARTINS WAY: Plot and Title Map

8 MARTINS WAY sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 8 MARTINS 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 8 MARTINS 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 8 MARTINS WAY?

8 MARTINS WAY is located in HYTHE, in the CT21 postcode district. The below map shows the position of No. 8 on MARTINS WAY.