THE COTTAGE, THE STREET, LYMPNE, HYTHE, CT21 4LQ - £260,000

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

THE COTTAGE is a very small extended detached house of 61m², built sometime between 1900 and 1929. It was last sold for £260,000 in March 2020, which was around 39% below the average March 2020 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

THE COTTAGE Sold Prices

Land registry data shows two sales for THE COTTAGE 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 THE COTTAGE 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 16 MAR	£260,000	£428,296	39% below HPI
2004 2 APR	£150,000	£243,690	38% below HPI

THE 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 two THE COTTAGE sales from April 2004 and March 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 April 2004 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the March 2020 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 61m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 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 THE COTTAGE lies on this distribution: 8% of detached houses are smaller than THE COTTAGE, and 92% of houses are larger. Note that EPC data is not available for all properties in Lympne.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.024 of an acre, or 97m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

THE COTTAGE is located on THE STREET in LYMPNE, in the CT21 postcode district. The below map shows the position of THE COTTAGE on THE STREET.