DERRY DOWNS, MILL ROAD, HYTHE, CT21 5LP - £350,000

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

DERRY DOWNS is a midsized extended detached house of 134m², built sometime between 1976 and 1982. It was last sold for £350,000 in May 2024, which was around 31% below the average May 2024 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was February 2024, where the current energy rating was F, and the potential energy rating was B.

DERRY DOWNS Sold Prices

Land registry data shows four sales for DERRY DOWNS 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. Most of the four DERRY DOWNS 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
2024 9 MAY	£350,000	£507,096	31% below HPI
2006 19 OCT	£323,250	£281,935	15% above HPI
2002 12 APR	£156,000	£164,848	5% below HPI
1999 8 NOV	£107,000	£115,125	7% below HPI

DERRY DOWNS 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 DERRY DOWNS sales between November 1999 and May 2024 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 October 2006 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the May 2024 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is DERRY DOWNS?

DERRY DOWNS is 134m², which includes two extensions, according to the EPC inspection conducted in February 2024. This puts it in the largest 50% of detached houses in Hythe, based on EPC data. The below chart shows the distribution of detached houses by size in Hythe, and where DERRY DOWNS lies on this distribution: 56% of detached houses are smaller than DERRY DOWNS, and 43% of houses are larger. Note that EPC data is not available for all properties in Hythe.

DERRY DOWNS: Plot and Title Map

DERRY DOWNS sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of DERRY DOWNS, 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 DERRY DOWNS). 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 DERRY DOWNS?

DERRY DOWNS is located on MILL ROAD in HYTHE, in the CT21 postcode district. The below map shows the position of DERRY DOWNS on MILL ROAD.