MERRYFOLD, CLIFF ROAD, HYTHE, CT21 5XJ - £720,000

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

MERRYFOLD is a very large extended detached house of 200m², built sometime between 1996 and 2002. It was last sold for £720,000 in October 2020, which was around 61% above the average October 2020 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was C.

MERRYFOLD Sold Prices

Land registry data shows two sales for MERRYFOLD 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 MERRYFOLD 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
2020 1 OCT	£720,000	£447,507	61% above HPI
2002 10 OCT	£175,000	£198,031	12% below HPI

MERRYFOLD 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 MERRYFOLD sales from October 2002 and October 2020 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 2002 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2020 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is MERRYFOLD?

MERRYFOLD is 200m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 20% of detached houses in Hythe, based on EPC data. The below chart shows the distribution of detached houses by size in Hythe, and where MERRYFOLD lies on this distribution: 87% of detached houses are smaller than MERRYFOLD, and 13% of houses are larger. Note that EPC data is not available for all properties in Hythe.

MERRYFOLD: Plot and Title Map

MERRYFOLD sits on a plot of roughly 0.219 of an acre, or 884m². The below map shows the location of MERRYFOLD, 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 MERRYFOLD). 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 MERRYFOLD?

MERRYFOLD is located on CLIFF ROAD in HYTHE, in the CT21 postcode district. The below map shows the position of MERRYFOLD on CLIFF ROAD.