14, THE CLOSE, SALTWOOD, HYTHE, CT21 4RA - £805,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 THE CLOSE is a very large extended semi-detached house of 209m², built sometime between 1930 and 1949, which could now be worth an estimated £797,288. It was last sold for £805,000 in August 2022, which was around 135% above the average August 2022 semi-detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

14 THE CLOSE Sold Prices

Land registry data shows four sales for 14 THE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the four 14 THE CLOSE 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
2022 30 AUG	£805,000	£343,223	135% above HPI
2015 19 NOV	£575,000	£222,770	158% above HPI
2007 26 JAN	£430,000	£189,531	127% above HPI
2000 18 JUL	£197,500	£81,369	143% above HPI

14 THE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Folkestone and Hythe local authority area over time, sourced from the HPI. The four 14 THE CLOSE sales between July 2000 and August 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 November 2015 sale was for 158% above the HPI. So the extrapolation line tracks at 158% above the HPI over time, until the August 2022 sale, where it falls to 135% above the HPI. The line then continues to track at 135% above the HPI.

What might 14 THE CLOSE be worth now?

14 THE CLOSE might now be worth an estimated £797,288.

This is based on house price deflation of 1%, between August 2022 and February 2025, for semi-detached houses, in the Folkestone and Hythe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1% deflationary decrease is applied to the most recent sale price for 14 THE CLOSE of £805,000 on 30th August 2022. For the value to have decreased from £805,000 to £797,288 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 14 THE CLOSE has moved in line with the HPI for semi-detached houses in the Folkestone and Hythe local authority area.
• The August 2022 sale price of £805,000 represented a fair market value for the property.
• The size, condition, and specification of 14 THE CLOSE has not materially changed since August 2022.

How Large is 14 THE CLOSE?

14 THE CLOSE is 209m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 20% of semi-detached houses houses in Saltwood, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Saltwood, and where 14 THE CLOSE lies on this distribution: 81% of semi-detached houses houses are smaller than 14 THE CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Saltwood.

14 THE CLOSE: Plot and Title Map

14 THE CLOSE sits on a plot of roughly 0.193 of an acre, or 783m². The below map shows the location of 14 THE 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 14 THE 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 14 THE CLOSE?

14 THE CLOSE is located in SALTWOOD, in the CT21 postcode district. The below map shows the position of No. 14 on THE CLOSE.