Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
SHEPMEAD is a very large detached house of 302m², built sometime between 2007 and 2011. It was last sold for £1,500,001 in February 2022, which was around 186% above the average February 2022 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was September 2021, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for SHEPMEAD since 1st 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 SHEPMEAD 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 |
---|---|---|---|
2022 14 FEB | £1,500,001 | £524,904 | 186% above HPI |
2005 24 MAR | £300,000 | £263,415 | 14% above HPI |
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 SHEPMEAD sales from March 2005 and February 2022 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 2005 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the February 2022 sale, where it rises to 186% above the HPI. The line then continues to track at 186% above the HPI.
SHEPMEAD is 302m² according to the EPC inspection conducted in September 2021. This puts it in the largest 10% of detached houses in Lympne, based on EPC data. The below chart shows the distribution of detached houses by size in Lympne, and where SHEPMEAD lies on this distribution: 99% of detached houses are smaller than SHEPMEAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Lympne.
SHEPMEAD sits on a plot of roughly 0.636 of an acre, or 2,574m². The below map shows the location of SHEPMEAD, 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 SHEPMEAD). 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.
SHEPMEAD is located on BERWICK LANE in LYMPNE, in the CT21 postcode district. The below map shows the position of SHEPMEAD on BERWICK LANE.