38, MILL ROAD, LYDD, ROMNEY MARSH, TN29 9EJ - £415,000

38 MILL ROAD is a large detached house of 126m², built sometime between 1930 and 1949. It was last sold for £415,000 in March 2023, which was around 21% below the average March 2023 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

38 MILL ROAD Sold Prices

Land registry data shows four sales for 38 MILL ROAD 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. Most of the four 38 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
2023 28 MAR	£415,000	£525,576	21% below HPI
2020 24 JAN	£350,000	£437,613	20% below HPI
2017 10 FEB	£320,000	£385,688	17% below HPI
2002 18 OCT	£200,000	£198,031	1% above HPI

38 MILL ROAD 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 38 MILL ROAD sales between October 2002 and March 2023 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 January 2020 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2023 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 38 MILL ROAD?

38 MILL ROAD is 126m² according to the EPC inspection conducted in August 2016. This puts it in the largest 30% of detached houses in Lydd, based on EPC data. The below chart shows the distribution of detached houses by size in Lydd, and where 38 MILL ROAD lies on this distribution: 78% of detached houses are smaller than 38 MILL ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Lydd.

38 MILL ROAD: Plot and Title Map

38 MILL ROAD sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 38 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 38 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 38 MILL ROAD?

38 MILL ROAD is located in LYDD, in the TN29 postcode district. The below map shows the position of No. 38 on MILL ROAD.