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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

OCEAN MIST is a very large detached house of 289m², built sometime from 2007 onwards, which could now be worth an estimated £1,410,836. It was last sold for £1,250,000 in January 2021, which was around 167% 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	£467,651	167% above HPI
2008 29 AUG	£745,000	£298,777	149% 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 149% above the HPI. So the extrapolation line tracks at 149% above the HPI over time, until the January 2021 sale, where it rises to 167% above the HPI. The line then continues to track at 167% above the HPI.

What might OCEAN MIST be worth now?

OCEAN MIST might now be worth an estimated £1,410,836.

This is based on house price inflation of 12.9%, between January 2021 and February 2025, for detached houses, in the Folkestone and Hythe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.9% inflationary increase is applied to the most recent sale price for OCEAN MIST of £1,250,000 on 19th January 2021. For the value to have increased from £1,250,000 to £1,410,836 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of OCEAN MIST has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The January 2021 sale price of £1,250,000 represented a fair market value for the property.
• The size, condition, and specification of OCEAN MIST has not materially changed since January 2021.

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 houses in Hythe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hythe, and where OCEAN MIST lies on this distribution: 98% of detached houses 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.