7, OCTAVIAN DRIVE, LYMPNE, HYTHE, CT21 4JG - £460,000

7 OCTAVIAN DRIVE is a very small extended detached house of 83m², built sometime between 1983 and 1990. It was last sold for £460,000 in August 2023, which was around 17% below the average August 2023 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

7 OCTAVIAN DRIVE Sold Prices

Land registry data shows two sales for 7 OCTAVIAN DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. Both of the two 7 OCTAVIAN 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
2023 30 AUG	£460,000	£553,983	17% below HPI
2017 13 OCT	£385,000	£397,808	3% below HPI

7 OCTAVIAN DRIVE 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 two 7 OCTAVIAN DRIVE sales from October 2017 and August 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 October 2017 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2023 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 7 OCTAVIAN DRIVE?

7 OCTAVIAN DRIVE is 83m², which includes two extensions, according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% of detached houses in Lympne, based on EPC data. The below chart shows the distribution of detached houses by size in Lympne, and where 7 OCTAVIAN DRIVE lies on this distribution: 19% of detached houses are smaller than 7 OCTAVIAN DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Lympne.

7 OCTAVIAN DRIVE: Plot and Title Map

7 OCTAVIAN DRIVE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 7 OCTAVIAN 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 7 OCTAVIAN 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 7 OCTAVIAN DRIVE?

7 OCTAVIAN DRIVE is located in LYMPNE, in the CT21 postcode district. The below map shows the position of No. 7 on OCTAVIAN DRIVE.