2, OAKHAM DRIVE, LYDD, ROMNEY MARSH, TN29 9DL - £277,500

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 OAKHAM DRIVE is a small semi-detached house of 75m², built sometime between 2003 and 2006, which could now be worth an estimated £303,426. It was last sold for £277,500 in April 2024, which was around 13% below the average April 2024 semi-detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

2 OAKHAM DRIVE Sold Prices

Land registry data shows four sales for 2 OAKHAM DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Folkestone and Hythe local authority area for the corresponding sale date. Most of the four 2 OAKHAM DRIVE 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
2024 10 APR	£277,500	£318,516	13% below HPI
2017 28 MAR	£215,000	£246,256	13% below HPI
2015 16 OCT	£198,000	£222,473	11% below HPI
2003 11 APR	£138,500	£135,069	3% above HPI

2 OAKHAM DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Folkestone and Hythe local authority area over time, sourced from the HPI. The four 2 OAKHAM DRIVE sales between April 2003 and April 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 March 2017 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2024 sale, which was also at 13% below the HPI.

What might 2 OAKHAM DRIVE be worth now?

2 OAKHAM DRIVE might now be worth an estimated £303,426.

This is based on house price inflation of 9.3%, between April 2024 and May 2026, for semi-detached 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 9.3% inflationary increase is applied to the most recent sale price for 2 OAKHAM DRIVE of £277,500 on 10th April 2024. For the value to have increased from £277,500 to £303,426 over the one year and eleven months to May 2026, the following assumptions must hold true:

• The value of 2 OAKHAM DRIVE has moved in line with the HPI for semi-detached houses in the Folkestone and Hythe local authority area.
• The April 2024 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 2 OAKHAM DRIVE has not materially changed since April 2024.

How Large is 2 OAKHAM DRIVE?

2 OAKHAM DRIVE is 75m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 30% of semi-detached houses houses in Lydd, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lydd, and where 2 OAKHAM DRIVE lies on this distribution: 21% of semi-detached houses houses are smaller than 2 OAKHAM DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Lydd.

2 OAKHAM DRIVE: Plot and Title Map

2 OAKHAM DRIVE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 2 OAKHAM 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 2 OAKHAM 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 2 OAKHAM DRIVE?

2 OAKHAM DRIVE is located in LYDD, in the TN29 postcode district. The below map shows the position of No. 2 on OAKHAM DRIVE.