PAX, EASTERN ROAD, LYDD, ROMNEY MARSH, TN29 9EG - £125,000

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.

PAX is a very small detached house of 67m², built sometime between 1983 and 1990, which could now be worth an estimated £298,652. It was last sold for £125,000 in April 2003, which was around 44% below the average April 2003 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

PAX Sold Prices

Land registry data shows three sales for PAX since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the three PAX 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
2003 25 APR	£125,000	£223,496	44% below HPI
2001 19 JAN	£66,995	£138,815	52% below HPI
1999 26 FEB	£58,000	£106,807	46% below HPI

PAX 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 three PAX sales between February 1999 and April 2003 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 2001 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the April 2003 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might PAX be worth now?

PAX might now be worth an estimated £298,652.

This is based on house price inflation of 138.9%, between April 2003 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 138.9% inflationary increase is applied to the most recent sale price for PAX of £125,000 on 25th April 2003. For the value to have increased from £125,000 to £298,652 over the 23 years to April 2026, the following assumptions must hold true:

• The value of PAX has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The April 2003 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of PAX has not materially changed since April 2003.

How Large is PAX?

PAX is 67m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses houses in Lydd, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lydd, and where PAX lies on this distribution: 9% of detached houses houses are smaller than PAX, and 90% of houses are larger. Note that EPC data is not available for all properties in Lydd.

PAX: Plot and Title Map

PAX sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of PAX, 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 PAX). 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 PAX?

PAX is located on EASTERN ROAD in LYDD, in the TN29 postcode district. The below map shows the position of PAX on EASTERN ROAD.