13, PETREL WAY, HAWKINGE, FOLKESTONE, CT18 7GY - £525,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

13 PETREL WAY is a very large extended detached house of 175m², built sometime between 2003 and 2006. It was last sold for £525,000 in January 2021, which was around 16% above the average January 2021 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was C.

13 PETREL WAY Sold Prices

Land registry data shows two sales for 13 PETREL WAY 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 13 PETREL WAY 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
2021 6 JAN	£525,000	£453,837	16% above HPI
2006 11 MAY	£360,000	£273,426	32% above HPI

13 PETREL WAY 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 13 PETREL WAY sales from May 2006 and January 2021 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 2006 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the January 2021 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 13 PETREL WAY?

13 PETREL WAY is 175m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 20% of detached houses in Hawkinge, based on EPC data. The below chart shows the distribution of detached houses by size in Hawkinge, and where 13 PETREL WAY lies on this distribution: 88% of detached houses are smaller than 13 PETREL WAY, and 11% of houses are larger. Note that EPC data is not available for all properties in Hawkinge.

13 PETREL WAY: Plot and Title Map

13 PETREL WAY sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 13 PETREL WAY, 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 13 PETREL WAY). 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 13 PETREL WAY?

13 PETREL WAY is located in HAWKINGE, in the CT18 postcode district. The below map shows the position of No. 13 on PETREL WAY.