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
14 FOLKS WOOD WAY is a small extended detached house of 99m², built sometime between 1996 and 2002. It was last sold for £460,000 in October 2022, which was around 15% below the average October 2022 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 14 FOLKS WOOD WAY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. The four 14 FOLKS WOOD WAY sales were a mix of below the average price, and roughly equal to 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 |
---|---|---|---|
2022 26 OCT | £460,000 | £541,597 | 15% below HPI |
2018 20 APR | £355,000 | £409,229 | 13% below HPI |
2005 30 JUN | £229,000 | £265,123 | 14% below HPI |
2000 21 DEC | £137,000 | £137,138 | Close to 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 four 14 FOLKS WOOD WAY sales between December 2000 and October 2022 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 April 2018 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.
14 FOLKS WOOD WAY is 99m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 40% of detached houses in Lympne, based on EPC data. The below chart shows the distribution of detached houses by size in Lympne, and where 14 FOLKS WOOD WAY lies on this distribution: 36% of detached houses are smaller than 14 FOLKS WOOD WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Lympne.
14 FOLKS WOOD WAY sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 14 FOLKS WOOD 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 14 FOLKS WOOD 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.
14 FOLKS WOOD WAY is located in LYMPNE, in the CT21 postcode district. The below map shows the position of No. 14 on FOLKS WOOD WAY.