HOMELANDS, DOG KENNEL LANE, LYMINGE, FOLKESTONE, CT18 8ER - £600,000

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

HOMELANDS is a large extended detached house of 152m², built sometime between 1950 and 1966. It was last sold for £600,000 in June 2022, which was around 17% above the average June 2022 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

HOMELANDS Sold Prices

Land registry data shows two sales for HOMELANDS 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. One of the two HOMELANDS sales was for above the average price, whilst the other was 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
2022 20 JUN	£600,000	£511,066	17% above HPI
2017 1 MAR	£330,000	£382,412	14% below HPI

HOMELANDS 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 HOMELANDS sales from March 2017 and June 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 March 2017 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2022 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is HOMELANDS?

HOMELANDS is 152m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 30% of detached houses in Lyminge, based on EPC data. The below chart shows the distribution of detached houses by size in Lyminge, and where HOMELANDS lies on this distribution: 79% of detached houses are smaller than HOMELANDS, and 21% of houses are larger. Note that EPC data is not available for all properties in Lyminge.

HOMELANDS: Plot and Title Map

HOMELANDS sits on a plot of roughly 0.202 of an acre, or 819m². The below map shows the location of HOMELANDS, 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 HOMELANDS). 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 HOMELANDS?

HOMELANDS is located on DOG KENNEL LANE in LYMINGE, in the CT18 postcode district. The below map shows the position of HOMELANDS on DOG KENNEL LANE.