8, STATION ROAD, HYTHE, CT21 5PN - £725,000

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 STATION ROAD is a small detached house of 105m², built sometime between 1950 and 1966. It was last sold for £725,000 in November 2022, which was around 35% above the average November 2022 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

8 STATION ROAD Sold Prices

Land registry data shows four sales for 8 STATION ROAD since 1^st 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. All of the four 8 STATION ROAD 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
2022 11 NOV	£725,000	£538,742	35% above HPI
2004 2 JUL	£268,000	£253,034	6% above HPI
2003 11 JUL	£250,000	£227,472	10% above HPI
1998 28 MAY	£105,000	£103,060	2% above HPI

8 STATION ROAD 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 four 8 STATION ROAD sales between May 1998 and November 2022 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 July 2004 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the November 2022 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 8 STATION ROAD?

8 STATION ROAD is 105m² according to the EPC inspection conducted in May 2022. 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 STATION ROAD lies on this distribution: 31% of detached houses are smaller than 8 STATION ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Hythe.

8 STATION ROAD: Plot and Title Map

8 STATION ROAD sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 8 STATION ROAD, 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 STATION ROAD). 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 STATION ROAD?

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