# House prices in CT21 4 (Lympne)

This article reveals price per square metre data and various charts to help you understand current housing market in Lympne, Hythe (CT21 4).

## Defining 'CT21 4'

This analysis is limited to properties whose postcode starts with "CT21 4", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Lympne.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

## Price per square metre

Knowing the average house price in Lympne is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 25, Castle View, Lympne, Hythe, sold for £325,000 on Mar-2024. Given the internal area of 77 square metres, the price per sqm is £4,220.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £5,250-£5,500, £5,500-£5,750, £5,750-£6,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 111 sales in Lympne (CT21 4) that took place in the last two years.

##### Distribution of £ per sqm for Lympne, Hythe
Distribution of £ per sqm house prices in Lympne

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Lympne (CT21 4). Of the 111 transactions, half were sold for between £3,990 and £5,100 per square metre. The median, or 'middle', price per square metre in 'CT21 4' is £4,460. Notably, only 25% of properties that sold recently were valued at more than £5,100 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

## Price map for Lympne, Hythe

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Hythe. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

House price heatmap for Lympne, Hythe

## Comparison with neighbouring postcode sectors

The table below shows how 'CT21 4' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CT21 4 Lympne £3,990 sqm £4,460 sqm £5,100 sqm
CT21 5 Hythe £3,330 sqm £4,100 sqm £4,930 sqm
CT21 6 Hythe £3,310 sqm £3,980 sqm £4,690 sqm

## Will Hythe house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for CT21 4 (Lympne) compared with both the wider area CT21 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

##### Historic price per square metre in Lympne,Hythe
House price trends for Lympne

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

##### Most recent CT21 4 sales
Recent trends for Lympne

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Hythe to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Hythe and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

## Street level data

Street Avg size Avg £sqm Recent sales
Orchard Valley, Lympne, CT21 4E 99 sqm £4,556 11
Lake Drive, Lympne, CT21 4B 95 sqm £3,346 11
Nursery Fields, Lympne, CT21 4D 97 sqm £4,253 11
School Road, Lympne, CT21 4P 135 sqm £4,534 11
Belcaire Close, Lympne, CT21 4J 93 sqm £4,048 10
Harpswood Lane, Lympne, CT21 4B 100 sqm £4,298 9
Castle View, Lympne, CT21 4B 86 sqm £3,809 9
Bartholomew Lane, Lympne, CT21 4B 106 sqm £4,016 9

Search for your street here.

## Raw data

Our analysis of Lympne is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqm £/sqm
25, Castle View, Lympne, Hythe £325,000
Mar-2024
77 4,220
6, Woodpecker Way, Lympne, Hythe £450,000
Feb-2024
131 3,435
1, Turnpike Close, Lympne, Hythe £537,500
Feb-2024
100 5,375