CROSSWAYS, EASTERN ROAD, LYDD, ROMNEY MARSH, TN29 9EF - £111,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

CROSSWAYS is a very small detached house of 64m², built sometime between 1950 and 1966. It was last sold for £111,000 in November 2001, which was around 29% below the average November 2001 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

CROSSWAYS Sold Prices

Land registry data shows two sales for CROSSWAYS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. Both of the two CROSSWAYS 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
2001 29 NOV	£111,000	£156,501	29% below HPI
2001 19 JAN	£85,000	£134,715	37% below HPI

CROSSWAYS 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 two CROSSWAYS sales from January 2001 and November 2001 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 January 2001 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2001 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is CROSSWAYS?

CROSSWAYS is 64m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses in Lydd, based on EPC data. The below chart shows the distribution of detached houses by size in Lydd, and where CROSSWAYS lies on this distribution: 7% of detached houses are smaller than CROSSWAYS, and 92% of houses are larger. Note that EPC data is not available for all properties in Lydd.

CROSSWAYS: Plot and Title Map

CROSSWAYS sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of CROSSWAYS, 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 CROSSWAYS). 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 CROSSWAYS?

CROSSWAYS is located on EASTERN ROAD in LYDD, in the TN29 postcode district. The below map shows the position of CROSSWAYS on EASTERN ROAD.