SPRING COTTAGE, STONE STREET, LYMPNE, HYTHE, CT21 4JZ - £245,000

SPRING COTTAGE is a small extended detached house of 89m², built sometime between 1900 and 1929. It was last sold for £245,000 in August 2013, which was around 14% below the average August 2013 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was D.

SPRING COTTAGE Sold Prices

Land registry data shows three sales for SPRING COTTAGE 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. Two of the three SPRING COTTAGE sales were for below the average price, whilst one was for above 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
2013 30 AUG	£245,000	£283,741	14% below HPI
2000 30 JUN	£126,000	£129,510	3% below HPI
1997 3 JAN	£87,500	£85,450	2% above HPI

SPRING 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 three SPRING COTTAGE sales between January 1997 and August 2013 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 June 2000 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2013 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is SPRING COTTAGE?

SPRING COTTAGE is 89m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the smallest 30% of detached houses in Lympne, based on EPC data. The below chart shows the distribution of detached houses by size in Lympne, and where SPRING COTTAGE lies on this distribution: 25% of detached houses are smaller than SPRING COTTAGE, and 75% of houses are larger. Note that EPC data is not available for all properties in Lympne.

SPRING COTTAGE: Plot and Title Map

SPRING COTTAGE sits on a plot of roughly 0.160 of an acre, or 648m². The below map shows the location of SPRING 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 SPRING 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 SPRING COTTAGE?

SPRING COTTAGE is located on STONE STREET in LYMPNE, in the CT21 postcode district. The below map shows the position of SPRING COTTAGE on STONE STREET.