2, MILL ROAD, HYTHE, CT21 5LP - £350,000

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.

2 MILL ROAD is a small terraced house of 96m², built sometime before 1900, which could now be worth an estimated £340,942. It was last sold for £350,000 in December 2024, which was around 27% above the average December 2024 terraced price in the Folkestone and Hythe local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

2 MILL ROAD Sold Prices

Land registry data shows three sales for 2 MILL ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the three 2 MILL ROAD 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
2024 17 DEC	£350,000	£275,575	27% above HPI
2022 10 JUN	£375,000	£265,501	41% above HPI
2019 4 MAR	£276,000	£209,307	32% above HPI

2 MILL ROAD 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 three 2 MILL ROAD sales between March 2019 and December 2024 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 2022 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the December 2024 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 2 MILL ROAD be worth now?

2 MILL ROAD might now be worth an estimated £340,942.

This is based on house price deflation of 2.6%, between December 2024 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 2.6% deflationary decrease is applied to the most recent sale price for 2 MILL ROAD of £350,000 on 17th December 2024. For the value to have decreased from £350,000 to £340,942 over the one year and six months to June 2025, the following assumptions must hold true:

• The value of 2 MILL ROAD has moved in line with the HPI for terraced houses in the Folkestone and Hythe local authority area.
• The December 2024 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MILL ROAD has not materially changed since December 2024.

How Large is 2 MILL ROAD?

2 MILL ROAD is 96m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 30% 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 2 MILL ROAD lies on this distribution: 24% of terraced houses houses are smaller than 2 MILL ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Hythe.

2 MILL ROAD: Plot and Title Map

2 MILL ROAD sits on a plot of roughly 0.022 of an acre, or 90m². The below map shows the location of 2 MILL ROAD, 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 2 MILL ROAD). 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 2 MILL ROAD?

2 MILL ROAD is located in HYTHE, in the CT21 postcode district. The below map shows the position of No. 2 on MILL ROAD.