SANITY, ROBIN HOOD LANE, LYDD, ROMNEY MARSH, TN29 9HZ - £362,000

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.

SANITY is a large detached house of 129m², built sometime between 1983 and 1990, which could now be worth an estimated £429,484. It was last sold for £362,000 in August 2020, which was around 19% below the average August 2020 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

SANITY Sold Prices

Land registry data shows three sales for SANITY 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 SANITY 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 14 AUG	£362,000	£444,887	19% below HPI
2005 28 OCT	£221,000	£270,566	18% below HPI
2004 8 OCT	£198,000	£273,456	28% below HPI

SANITY 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 SANITY sales between October 2004 and August 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 2005 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might SANITY be worth now?

SANITY might now be worth an estimated £429,484.

This is based on house price inflation of 18.6%, between August 2020 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 18.6% inflationary increase is applied to the most recent sale price for SANITY of £362,000 on 14th August 2020. For the value to have increased from £362,000 to £429,484 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of SANITY has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The August 2020 sale price of £362,000 represented a fair market value for the property.
• The size, condition, and specification of SANITY has not materially changed since August 2020.

How Large is SANITY?

SANITY is 129m² according to the EPC inspection conducted in February 2020. This puts it in the largest 30% of detached houses houses in Lydd, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lydd, and where SANITY lies on this distribution: 79% of detached houses houses are smaller than SANITY, and 20% of houses are larger. Note that EPC data is not available for all properties in Lydd.

SANITY: Plot and Title Map

SANITY sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of SANITY, 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 SANITY). 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 SANITY?

SANITY is located on ROBIN HOOD LANE in LYDD, in the TN29 postcode district. The below map shows the position of SANITY on ROBIN HOOD LANE.