QUARRY LANE COTTAGE, QUARRY LANE, HYTHE, CT21 5HE - £710,000

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.

QUARRY LANE COTTAGE is a small detached house of 104m², built sometime between 1900 and 1929, which could now be worth an estimated £795,176. It was last sold for £710,000 in August 2021, which was around 51% above the average August 2021 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was B.

QUARRY LANE COTTAGE Sold Prices

Land registry data shows four sales for QUARRY LANE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the four QUARRY LANE COTTAGE 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 9 AUG	£710,000	£471,285	51% above HPI
2015 12 MAY	£475,000	£338,449	40% above HPI
2011 29 JUL	£418,000	£278,204	50% above HPI
2008 17 OCT	£420,000	£294,760	42% above HPI

QUARRY LANE COTTAGE 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 four QUARRY LANE COTTAGE sales between October 2008 and August 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 May 2015 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the August 2021 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might QUARRY LANE COTTAGE be worth now?

QUARRY LANE COTTAGE might now be worth an estimated £795,176.

This is based on house price inflation of 12%, between August 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% inflationary increase is applied to the most recent sale price for QUARRY LANE COTTAGE of £710,000 on 9th August 2021. For the value to have increased from £710,000 to £795,176 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of QUARRY LANE COTTAGE has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The August 2021 sale price of £710,000 represented a fair market value for the property.
• The size, condition, and specification of QUARRY LANE COTTAGE has not materially changed since August 2021.

How Large is QUARRY LANE COTTAGE?

QUARRY LANE COTTAGE is 104m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 30% 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 QUARRY LANE COTTAGE lies on this distribution: 30% of detached houses houses are smaller than QUARRY LANE COTTAGE, and 70% of houses are larger. Note that EPC data is not available for all properties in Hythe.

QUARRY LANE COTTAGE: Plot and Title Map

QUARRY LANE COTTAGE sits on a plot of roughly 0.329 of an acre, or 1,330m². The below map shows the location of QUARRY LANE COTTAGE, 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 QUARRY LANE COTTAGE). 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 QUARRY LANE COTTAGE?

QUARRY LANE COTTAGE is located on QUARRY LANE in HYTHE, in the CT21 postcode district. The below map shows the position of QUARRY LANE COTTAGE on QUARRY LANE.