LILAC COTTAGE, BERWICK LANE, LYMPNE, HYTHE, CT21 4JX - £360,000

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

LILAC COTTAGE is a midsized extended detached house of 108m², built sometime between 1930 and 1949. It was last sold for £360,000 in May 2016, which was around 2% below the average May 2016 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

LILAC COTTAGE Sold Prices

Land registry data shows two sales for LILAC COTTAGE 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 LILAC COTTAGE sales was for below the average price, whilst the other was 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
2016 25 MAY	£360,000	£366,203	2% below HPI
2000 28 JUN	£135,000	£129,510	4% above HPI

LILAC COTTAGE 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 LILAC COTTAGE sales from June 2000 and May 2016 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 2000 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2016 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is LILAC COTTAGE?

LILAC COTTAGE is 108m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the smallest 50% of detached houses in Lympne, based on EPC data. The below chart shows the distribution of detached houses by size in Lympne, and where LILAC COTTAGE lies on this distribution: 45% of detached houses are smaller than LILAC COTTAGE, and 53% of houses are larger. Note that EPC data is not available for all properties in Lympne.

LILAC COTTAGE: Plot and Title Map

LILAC COTTAGE sits on a plot of roughly 0.223 of an acre, or 903m². The below map shows the location of LILAC COTTAGE, 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 LILAC COTTAGE). 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 LILAC COTTAGE?

LILAC COTTAGE is located on BERWICK LANE in LYMPNE, in the CT21 postcode district. The below map shows the position of LILAC COTTAGE on BERWICK LANE.