PROSPER, EASTERN ROAD, LYDD, ROMNEY MARSH, TN29 9EQ - £287,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

PROSPER is a large extended detached house of 114m², built sometime between 1983 and 1990. It was last sold for £287,500 in May 2020, which was around 34% below the average May 2020 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

PROSPER Sold Prices

Land registry data shows three sales for PROSPER since 1^st 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. All of the three PROSPER sales were 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 13 MAY	£287,500	£432,401	34% below HPI
2016 25 OCT	£199,950	£384,158	48% below HPI
2008 14 JAN	£182,000	£312,368	42% below HPI

PROSPER 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 three PROSPER sales between January 2008 and May 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 2016 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the May 2020 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is PROSPER?

PROSPER is 114m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 30% of detached houses in Lydd, based on EPC data. The below chart shows the distribution of detached houses by size in Lydd, and where PROSPER lies on this distribution: 69% of detached houses are smaller than PROSPER, and 30% of houses are larger. Note that EPC data is not available for all properties in Lydd.

PROSPER: Plot and Title Map

PROSPER sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of PROSPER, 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 PROSPER). 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 PROSPER?

PROSPER is located on EASTERN ROAD in LYDD, in the TN29 postcode district. The below map shows the position of PROSPER on EASTERN ROAD.