12, GREENBANKS, LYMINGE, FOLKESTONE, CT18 8HG - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 GREENBANKS is a very small detached house of 63m², built sometime between 1950 and 1966. It was last sold for £250,000 in September 2014, which was around 19% below the average September 2014 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was A.

12 GREENBANKS Sold Prices

Land registry data shows three sales for 12 GREENBANKS 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 12 GREENBANKS 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
2014 5 SEP	£250,000	£310,476	19% below HPI
2012 21 MAY	£80,000	£279,365	71% below HPI
2006 1 FEB	£202,500	£258,333	22% below HPI

12 GREENBANKS 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 12 GREENBANKS sales between February 2006 and September 2014 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 May 2012 sale was for 71% below the HPI. So the extrapolation line tracks at 71% below the HPI over time, until the September 2014 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 12 GREENBANKS?

12 GREENBANKS is 63m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of detached houses in Lyminge, based on EPC data. The below chart shows the distribution of detached houses by size in Lyminge, and where 12 GREENBANKS lies on this distribution: 6% of detached houses are smaller than 12 GREENBANKS, and 92% of houses are larger. Note that EPC data is not available for all properties in Lyminge.

12 GREENBANKS: Plot and Title Map

12 GREENBANKS sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 12 GREENBANKS, 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 12 GREENBANKS). 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 12 GREENBANKS?

12 GREENBANKS is located in LYMINGE, in the CT18 postcode district. The below map shows the position of No. 12 on GREENBANKS.