WESSEX, STONE STREET, LYMPNE, HYTHE, CT21 4JP - £465,000

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

WESSEX is a very large extended detached house of 137m², built sometime between 1930 and 1949. It was last sold for £465,000 in May 2018, which was around 13% above the average May 2018 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

WESSEX Sold Prices

Land registry data shows two sales for WESSEX 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 WESSEX 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
2018 29 MAY	£465,000	£410,941	13% above HPI
1998 12 JUN	£104,995	£104,060	1% above HPI

WESSEX 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 WESSEX sales from June 1998 and May 2018 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 June 1998 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2018 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is WESSEX?

WESSEX is 137m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 20% of detached houses in Lympne, based on EPC data. The below chart shows the distribution of detached houses by size in Lympne, and where WESSEX lies on this distribution: 81% of detached houses are smaller than WESSEX, and 19% of houses are larger. Note that EPC data is not available for all properties in Lympne.

WESSEX: Plot and Title Map

WESSEX sits on a plot of roughly 0.186 of an acre, or 751m². The below map shows the location of WESSEX, 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 WESSEX). 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 WESSEX?

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