Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 THE CORNICHE is a large detached house of 173m², built sometime between 1983 and 1990. It was last sold for £777,500 in November 2018, which was around 81% above the average November 2018 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for 1 THE CORNICHE since 1st 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. Both of the two 1 THE CORNICHE sales were 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 |
---|---|---|---|
2018 29 NOV | £777,500 | £428,941 | 81% above HPI |
2006 22 SEP | £472,500 | £277,640 | 70% above HPI |
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 1 THE CORNICHE sales from September 2006 and November 2018 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 September 2006 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the November 2018 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.
1 THE CORNICHE is 173m² according to the EPC inspection conducted in June 2011. This puts it in the largest 30% of detached houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses by size in Folkestone, and where 1 THE CORNICHE lies on this distribution: 70% of detached houses are smaller than 1 THE CORNICHE, and 30% of houses are larger. Note that EPC data is not available for all properties in Folkestone.
1 THE CORNICHE sits on a plot of roughly 0.153 of an acre, or 618m². The below map shows the location of 1 THE CORNICHE, 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 1 THE CORNICHE). 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.
1 THE CORNICHE is located in SANDGATE, in the CT20 postcode district. The below map shows the position of No. 1 on THE CORNICHE.