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
MILL HOUSE is a very large detached house of 278m², built sometime from 2007 onwards. It was last sold for £865,000 in October 2014, which was around 179% above the average October 2014 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for MILL HOUSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. Two of the three MILL HOUSE sales were for above the average price, whilst one 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 |
---|---|---|---|
2014 31 OCT | £865,000 | £309,930 | 179% above HPI |
2010 5 MAR | £400,000 | £279,569 | 43% above HPI |
1999 22 OCT | £72,500 | £113,960 | 36% below HPI |
The below graph shows the average detached house price in the Folkestone and Hythe local authority area over time, sourced from the HPI. The three MILL HOUSE sales between October 1999 and October 2014 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 2010 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the October 2014 sale, where it rises to 179% above the HPI. The line then continues to track at 179% above the HPI.
MILL HOUSE is 278m² according to the EPC inspection conducted in September 2013. This puts it in the largest 10% of detached houses in Lympne, based on EPC data. The below chart shows the distribution of detached houses by size in Lympne, and where MILL HOUSE lies on this distribution: 98% of detached houses are smaller than MILL HOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Lympne.
MILL HOUSE sits on a plot of roughly 0.819 of an acre, or 3,313m². The below map shows the location of MILL HOUSE, 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 MILL HOUSE). 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.
MILL HOUSE is located on ALDINGTON ROAD in LYMPNE, in the CT21 postcode district. The below map shows the position of MILL HOUSE on ALDINGTON ROAD.