LANTERN COTTAGE, STATION ROAD, HYTHE, CT21 5UJ - £505,000

LANTERN COTTAGE is a small extended detached house of 109m², built sometime before 1900. It was last sold for £505,000 in October 2007, which was around 66% above the average October 2007 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was B.

LANTERN COTTAGE Sold Prices

Land registry data shows two sales for LANTERN COTTAGE 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. One of the two LANTERN COTTAGE sales was for above the average price, whilst the other was 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
2007 4 OCT	£505,000	£303,342	66% above HPI
1996 20 MAR	£55,000	£82,318	33% below HPI

LANTERN COTTAGE 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 LANTERN COTTAGE sales from March 1996 and October 2007 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 1996 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2007 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is LANTERN COTTAGE?

LANTERN COTTAGE is 109m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the smallest 40% of detached houses in Hythe, based on EPC data. The below chart shows the distribution of detached houses by size in Hythe, and where LANTERN COTTAGE lies on this distribution: 34% of detached houses are smaller than LANTERN COTTAGE, and 66% of houses are larger. Note that EPC data is not available for all properties in Hythe.

LANTERN COTTAGE: Plot and Title Map

LANTERN COTTAGE sits on a plot of roughly 0.215 of an acre, or 871m². The below map shows the location of LANTERN COTTAGE, 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 LANTERN COTTAGE). 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 LANTERN COTTAGE?

LANTERN COTTAGE is located on STATION ROAD in HYTHE, in the CT21 postcode district. The below map shows the position of LANTERN COTTAGE on STATION ROAD.