MINDARIE, PALMARSH CRESCENT, HYTHE, CT21 6NG - £552,000

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

MINDARIE is a large extended detached house of 173m², built sometime between 1996 and 2002. It was last sold for £552,000 in October 2022, which was around 2% above the average October 2022 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

MINDARIE Sold Prices

Land registry data shows five sales for MINDARIE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. Most of the five MINDARIE sales were 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
2022 27 OCT	£552,000	£541,597	2% above HPI
2021 4 FEB	£479,950	£451,647	6% above HPI
2015 10 JUL	£320,000	£331,152	3% below HPI
2004 10 AUG	£310,000	£262,540	18% above HPI
2001 24 AUG	£182,000	£150,955	21% above HPI

MINDARIE 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 five MINDARIE sales between August 2001 and October 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 February 2021 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2022 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is MINDARIE?

MINDARIE is 173m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 30% of detached houses in Hythe, based on EPC data. The below chart shows the distribution of detached houses by size in Hythe, and where MINDARIE lies on this distribution: 79% of detached houses are smaller than MINDARIE, and 21% of houses are larger. Note that EPC data is not available for all properties in Hythe.

MINDARIE: Plot and Title Map

MINDARIE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of MINDARIE, 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 MINDARIE). 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 MINDARIE?

MINDARIE is located on PALMARSH CRESCENT in HYTHE, in the CT21 postcode district. The below map shows the position of MINDARIE on PALMARSH CRESCENT.