OCEAN MIST, SEABROOK ROAD, HYTHE, CT21 5QJ - £1,250,000

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

OCEAN MIST is a very large detached house of 289m², built sometime from 2007 onwards. It was last sold for £1,250,000 in January 2021, which was around 175% above the average January 2021 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was C.

OCEAN MIST Sold Prices

Land registry data shows two sales for OCEAN MIST 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. Both of the two OCEAN MIST 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
2021 19 JAN	£1,250,000	£453,837	175% above HPI
2008 29 AUG	£745,000	£289,952	157% above HPI

OCEAN MIST 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 OCEAN MIST sales from August 2008 and January 2021 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 August 2008 sale was for 157% above the HPI. So the extrapolation line tracks at 157% above the HPI over time, until the January 2021 sale, where it rises to 175% above the HPI. The line then continues to track at 175% above the HPI.

How Large is OCEAN MIST?

OCEAN MIST is 289m² according to the EPC inspection conducted in July 2019. This puts it in the largest 10% of detached houses in Hythe, based on EPC data. The below chart shows the distribution of detached houses by size in Hythe, and where OCEAN MIST lies on this distribution: 98% of detached houses are smaller than OCEAN MIST, and 2% of houses are larger. Note that EPC data is not available for all properties in Hythe.

OCEAN MIST: Plot and Title Map

OCEAN MIST sits on a plot of roughly 0.343 of an acre, or 1,387m². The below map shows the location of OCEAN MIST, 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 OCEAN MIST). 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 OCEAN MIST?

OCEAN MIST is located on SEABROOK ROAD in HYTHE, in the CT21 postcode district. The below map shows the position of OCEAN MIST on SEABROOK ROAD.