CANNON HOUSE, CANNONGATE ROAD, HYTHE, CT21 5PX - £650,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CANNON HOUSE is a very large detached house of 200m², built sometime between 1976 and 1982, which could now be worth an estimated £721,687. It was last sold for £650,000 in June 2021, which was around 37% above the average June 2021 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was A.

CANNON HOUSE Sold Prices

Land registry data shows three sales for CANNON HOUSE 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 CANNON HOUSE 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
2021 18 JUN	£650,000	£475,393	37% above HPI
2017 28 JUN	£568,000	£409,668	39% above HPI
2003 11 MAR	£270,000	£223,609	21% above HPI

CANNON HOUSE 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 CANNON HOUSE sales between March 2003 and June 2021 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 June 2017 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the June 2021 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might CANNON HOUSE be worth now?

CANNON HOUSE might now be worth an estimated £721,687.

This is based on house price inflation of 11%, between June 2021 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 11% inflationary increase is applied to the most recent sale price for CANNON HOUSE of £650,000 on 18th June 2021. For the value to have increased from £650,000 to £721,687 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of CANNON HOUSE has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The June 2021 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of CANNON HOUSE has not materially changed since June 2021.

How Large is CANNON HOUSE?

CANNON HOUSE is 200m² according to the EPC inspection conducted in April 2021. This puts it in the largest 20% of detached houses houses in Hythe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hythe, and where CANNON HOUSE lies on this distribution: 87% of detached houses houses are smaller than CANNON HOUSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Hythe.

CANNON HOUSE: Plot and Title Map

CANNON HOUSE sits on a plot of roughly 0.148 of an acre, or 599m². The below map shows the location of CANNON HOUSE, 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 CANNON HOUSE). 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 CANNON HOUSE?

CANNON HOUSE is located on CANNONGATE ROAD in HYTHE, in the CT21 postcode district. The below map shows the position of CANNON HOUSE on CANNONGATE ROAD.