14, PETREL WAY, HAWKINGE, FOLKESTONE, CT18 7GZ - £450,000

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

14 PETREL WAY is a small detached house of 103m², built sometime between 1996 and 2002. It was last sold for £450,000 in February 2021, which was about the average February 2021 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

14 PETREL WAY Sold Prices

Land registry data shows three sales for 14 PETREL WAY 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. The three 14 PETREL WAY sales were a mix of roughly equal to the average price, and 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 22 FEB	£450,000	£451,647	Close to HPI
2012 23 MAY	£310,000	£279,365	11% above HPI
2002 31 OCT	£219,000	£198,031	11% above HPI

14 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 three 14 PETREL WAY sales between October 2002 and February 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 2012 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 14 PETREL WAY?

14 PETREL WAY is 103m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% of detached houses in Hawkinge, based on EPC data. The below chart shows the distribution of detached houses by size in Hawkinge, and where 14 PETREL WAY lies on this distribution: 28% of detached houses are smaller than 14 PETREL WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Hawkinge.

14 PETREL WAY: Plot and Title Map

14 PETREL WAY sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 14 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 14 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 14 PETREL WAY?

14 PETREL WAY is located in HAWKINGE, in the CT18 postcode district. The below map shows the position of No. 14 on PETREL WAY.