11, LAUREL CLOSE, FOLKESTONE, CT20 3PP - £268,000

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

11 LAUREL CLOSE is a very small detached house of 72m², built sometime between 1950 and 1966. It was last sold for £268,000 in October 2017, which was around 33% below the average October 2017 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

11 LAUREL CLOSE Sold Prices

Land registry data shows two sales for 11 LAUREL CLOSE since 1^st 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 11 LAUREL CLOSE 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
2017 27 OCT	£268,000	£397,808	33% below HPI
2014 14 FEB	£160,000	£291,430	45% below HPI

11 LAUREL CLOSE 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 two 11 LAUREL CLOSE sales from February 2014 and October 2017 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 February 2014 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2017 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 11 LAUREL CLOSE?

11 LAUREL CLOSE is 72m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of detached houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses by size in Folkestone, and where 11 LAUREL CLOSE lies on this distribution: 9% of detached houses are smaller than 11 LAUREL CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

11 LAUREL CLOSE: Plot and Title Map

11 LAUREL CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 11 LAUREL CLOSE, 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 11 LAUREL CLOSE). 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 11 LAUREL CLOSE?

11 LAUREL CLOSE is located in FOLKESTONE, in the CT20 postcode district. The below map shows the position of No. 11 on LAUREL CLOSE.