LUCY LODGE, SPRINGFIELD PASSAGE, HYTHE, CT21 5ER - £394,000

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

LUCY LODGE is a small extended detached house of 113m², built sometime between 1950 and 1966. It was last sold for £394,000 in June 2012, which was around 41% above the average June 2012 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

LUCY LODGE Sold Prices

Land registry data shows two sales for LUCY LODGE 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 LUCY LODGE 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
2012 20 JUN	£394,000	£279,903	41% above HPI
1997 31 OCT	£82,500	£97,684	16% below HPI

LUCY LODGE 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 LUCY LODGE sales from October 1997 and June 2012 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 1997 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2012 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is LUCY LODGE?

LUCY LODGE is 113m², which includes two extensions, according to the EPC inspection conducted in September 2011. This puts it in the smallest 40% of detached houses in Hythe, based on EPC data. The below chart shows the distribution of detached houses by size in Hythe, and where LUCY LODGE lies on this distribution: 38% of detached houses are smaller than LUCY LODGE, and 62% of houses are larger. Note that EPC data is not available for all properties in Hythe.

LUCY LODGE: Plot and Title Map

LUCY LODGE sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of LUCY LODGE, 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 LUCY LODGE). 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 LUCY LODGE?

LUCY LODGE is located on SPRINGFIELD PASSAGE in HYTHE, in the CT21 postcode district. The below map shows the position of LUCY LODGE on SPRINGFIELD PASSAGE.