2, SOUTH STREET, LYDD, ROMNEY MARSH, TN29 9DQ - £270,000

2 SOUTH STREET is a very small detached house of 66m², built sometime before 1900. It was last sold for £270,000 in December 2021, which was around 45% below the average December 2021 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was C.

2 SOUTH STREET Sold Prices

Land registry data shows four sales for 2 SOUTH STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the four 2 SOUTH STREET 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
2021 9 DEC	£270,000	£495,093	45% below HPI
2010 11 JUN	£215,000	£292,424	26% below HPI
2004 7 OCT	£184,995	£265,379	30% below HPI
2003 29 JUL	£153,000	£227,472	33% below HPI

2 SOUTH STREET 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 four 2 SOUTH STREET sales between July 2003 and December 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 June 2010 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2021 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 2 SOUTH STREET?

2 SOUTH STREET is 66m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of detached houses in Lydd, based on EPC data. The below chart shows the distribution of detached houses by size in Lydd, and where 2 SOUTH STREET lies on this distribution: 9% of detached houses are smaller than 2 SOUTH STREET, and 91% of houses are larger. Note that EPC data is not available for all properties in Lydd.

2 SOUTH STREET: Plot and Title Map

2 SOUTH STREET sits on a plot of roughly 0.030 of an acre, or 122m². The below map shows the location of 2 SOUTH STREET, 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 SOUTH STREET). 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 SOUTH STREET?

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