SAFFRON HOUSE, QUEENS ROAD, LYDD, ROMNEY MARSH, TN29 9DN - £85,000

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

SAFFRON HOUSE is a small extended detached house of 84m², built sometime between 1976 and 1982. It was last sold for £85,000 in September 2000, which was around 39% below the average September 2000 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

SAFFRON HOUSE Sold Prices

Land registry data shows two sales for SAFFRON HOUSE 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 SAFFRON HOUSE 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
2000 29 SEP	£85,000	£139,515	39% below HPI
1995 13 MAR	£57,000	£80,119	29% below HPI

SAFFRON HOUSE 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 SAFFRON HOUSE sales from March 1995 and September 2000 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 March 1995 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2000 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is SAFFRON HOUSE?

SAFFRON HOUSE is 84m², which includes three extensions, according to the EPC inspection conducted in July 2013. This puts it in the smallest 40% of detached houses in Lydd, based on EPC data. The below chart shows the distribution of detached houses by size in Lydd, and where SAFFRON HOUSE lies on this distribution: 35% of detached houses are smaller than SAFFRON HOUSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Lydd.

SAFFRON HOUSE: Plot and Title Map

SAFFRON HOUSE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of SAFFRON HOUSE, 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 SAFFRON HOUSE). 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 SAFFRON HOUSE?

SAFFRON HOUSE is located on QUEENS ROAD in LYDD, in the TN29 postcode district. The below map shows the position of SAFFRON HOUSE on QUEENS ROAD.