23, MILL ROAD, LYDD, ROMNEY MARSH, TN29 9EJ - £243,500

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.

23 MILL ROAD is a midsized extended semi-detached house of 99m², built sometime between 1930 and 1949, which could now be worth an estimated £343,787. It was last sold for £243,500 in November 2016, which was around 1% below the average November 2016 semi-detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

23 MILL ROAD Sold Prices

Land registry data shows three sales for 23 MILL ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the three 23 MILL ROAD 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
2016 14 NOV	£243,500	£246,678	1% below HPI
2007 30 MAR	£142,208	£186,929	24% below HPI
1995 5 AUG	£45,000	£51,301	12% below HPI

23 MILL ROAD 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 three 23 MILL ROAD sales between August 1995 and November 2016 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 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2016 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 23 MILL ROAD be worth now?

23 MILL ROAD might now be worth an estimated £343,787.

This is based on house price inflation of 41.2%, between November 2016 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 41.2% inflationary increase is applied to the most recent sale price for 23 MILL ROAD of £243,500 on 14th November 2016. For the value to have increased from £243,500 to £343,787 over the ten years and six months to May 2026, the following assumptions must hold true:

• The value of 23 MILL ROAD has moved in line with the HPI for semi-detached houses in the Folkestone and Hythe local authority area.
• The November 2016 sale price of £243,500 represented a fair market value for the property.
• The size, condition, and specification of 23 MILL ROAD has not materially changed since November 2016.

How Large is 23 MILL ROAD?

23 MILL ROAD is 99m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the largest 50% 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 23 MILL ROAD lies on this distribution: 53% of semi-detached houses houses are smaller than 23 MILL ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in Lydd.

23 MILL ROAD: Plot and Title Map

23 MILL ROAD sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 23 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 23 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 23 MILL ROAD?

23 MILL ROAD is located in LYDD, in the TN29 postcode district. The below map shows the position of No. 23 on MILL ROAD.