1, SPARROW TREE COTTAGES, NORTH LYMINGE LANE, LYMINGE, FOLKESTONE, CT18 8EE - £325,000

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.

1 SPARROW TREE COTTAGES is a small extended terraced house of 77m², built sometime before 1900, which could now be worth an estimated £419,380. It was last sold for £325,000 in February 2018, which was around 56% above the average February 2018 terraced price in the Folkestone and Hythe local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

1 SPARROW TREE COTTAGES Sold Prices

Land registry data shows four sales for 1 SPARROW TREE COTTAGES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Folkestone and Hythe local authority area for the corresponding sale date. Most of the four 1 SPARROW TREE COTTAGES 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 15 FEB	£325,000	£208,031	56% above HPI
2004 18 JUN	£195,000	£123,566	58% above HPI
2004 23 JAN	£45,000	£114,782	61% below HPI
2002 4 FEB	£108,000	£74,572	45% above HPI

1 SPARROW TREE COTTAGES Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Folkestone and Hythe local authority area over time, sourced from the HPI. The four 1 SPARROW TREE COTTAGES sales between February 2002 and February 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 2004 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the February 2018 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 1 SPARROW TREE COTTAGES be worth now?

1 SPARROW TREE COTTAGES might now be worth an estimated £419,380.

This is based on house price inflation of 29%, between February 2018 and June 2025, for terraced 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 29% inflationary increase is applied to the most recent sale price for 1 SPARROW TREE COTTAGES of £325,000 on 15th February 2018. For the value to have increased from £325,000 to £419,380 over the six years and eight months to June 2025, the following assumptions must hold true:

• The value of 1 SPARROW TREE COTTAGES has moved in line with the HPI for terraced houses in the Folkestone and Hythe local authority area.
• The February 2018 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SPARROW TREE COTTAGES has not materially changed since February 2018.

How Large is 1 SPARROW TREE COTTAGES?

1 SPARROW TREE COTTAGES is 77m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 30% of terraced houses houses in Lyminge, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lyminge, and where 1 SPARROW TREE COTTAGES lies on this distribution: 23% of terraced houses houses are smaller than 1 SPARROW TREE COTTAGES, and 75% of houses are larger. Note that EPC data is not available for all properties in Lyminge.

1 SPARROW TREE COTTAGES: Plot and Title Map

1 SPARROW TREE COTTAGES sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 1 SPARROW TREE COTTAGES, 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 1 SPARROW TREE COTTAGES). 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 1 SPARROW TREE COTTAGES?

1 SPARROW TREE COTTAGES is located on NORTH LYMINGE LANE in LYMINGE, in the CT18 postcode district. The below map shows the position of 1 SPARROW TREE COTTAGES on NORTH LYMINGE LANE.