MILL COTTAGE, EASTERN ROAD, LYDD, ROMNEY MARSH, TN29 9EF - £227,500

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.

MILL COTTAGE is a very small detached house of 61m², built sometime before 1900, which could now be worth an estimated £231,602. It was last sold for £227,500 in July 2022, which was around 57% below the average July 2022 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was April 2022, where the current energy rating was G, and the potential energy rating was B.

MILL COTTAGE Sold Prices

Land registry data shows one sale for MILL COTTAGE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 13 JUL	£227,500	£524,522	57% below HPI

What might MILL COTTAGE be worth now?

MILL COTTAGE might now be worth an estimated £231,602.

This is based on house price inflation of 1.8%, between July 2022 and April 2026, for 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 1.8% inflationary increase is applied to the most recent sale price for MILL COTTAGE of £227,500 on 13th July 2022. For the value to have increased from £227,500 to £231,602 over the four years and three months to April 2026, the following assumptions must hold true:

• The value of MILL COTTAGE has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The July 2022 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of MILL COTTAGE has not materially changed since July 2022.

How Large is MILL COTTAGE?

MILL COTTAGE is 61m² according to the EPC inspection conducted in April 2022. 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 MILL COTTAGE lies on this distribution: 5% of detached houses are smaller than MILL COTTAGE, and 94% of detached houses are larger. Note that EPC data is not available for all properties in Lydd.

MILL COTTAGE: Plot

MILL COTTAGE sits on a plot of roughly 0.080 of an acre, or 324m².

Where is MILL COTTAGE?

MILL COTTAGE is located on EASTERN ROAD in LYDD, in the TN29 postcode district.