13, LAKE DRIVE, HYTHE, CT21 4BN - £296,000

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.

13 LAKE DRIVE is a very small terraced house of 77m², which could now be worth an estimated £346,630. It was last sold for £296,000 in March 2021, which was around 27% above the average March 2021 terraced price in the Folkestone and Hythe local authority area. The most recent EPC inspection was October 2020, where the current energy rating was B, and the potential energy rating was A.

13 LAKE DRIVE Sold Prices

Land registry data shows two sales for 13 LAKE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Folkestone and Hythe local authority area for the corresponding sale date. Both of the two 13 LAKE DRIVE 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
2021 4 MAR	£296,000	£233,869	27% above HPI
2019 28 NOV	£272,995	£220,973	24% above HPI

13 LAKE DRIVE 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 two 13 LAKE DRIVE sales from November 2019 and March 2021 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 November 2019 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the March 2021 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 13 LAKE DRIVE be worth now?

13 LAKE DRIVE might now be worth an estimated £346,630.

This is based on house price inflation of 17.1%, between March 2021 and July 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 17.1% inflationary increase is applied to the most recent sale price for 13 LAKE DRIVE of £296,000 on 4th March 2021. For the value to have increased from £296,000 to £346,630 over the three years and eight months to July 2025, the following assumptions must hold true:

• The value of 13 LAKE DRIVE has moved in line with the HPI for terraced houses in the Folkestone and Hythe local authority area.
• The March 2021 sale price of £296,000 represented a fair market value for the property.
• The size, condition, and specification of 13 LAKE DRIVE has not materially changed since March 2021.

How Large is 13 LAKE DRIVE?

13 LAKE DRIVE is 77m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of terraced houses houses in Hythe, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hythe, and where 13 LAKE DRIVE lies on this distribution: 9% of terraced houses houses are smaller than 13 LAKE DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Hythe.

13 LAKE DRIVE: Plot and Title Map

13 LAKE DRIVE sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 13 LAKE DRIVE, 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 13 LAKE DRIVE). 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 13 LAKE DRIVE?

13 LAKE DRIVE is located in HYTHE, in the CT21 postcode district. The below map shows the position of No. 13 on LAKE DRIVE.