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
15 FOLKS WOOD WAY is a very large extended property of 215m², built sometime between 1996 and 2002. It was last sold for £250 in July 2023, which was around 100% below the average July 2023 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 B.
Land registry data shows three sales for 15 FOLKS WOOD WAY since 1st 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. One of the three 15 FOLKS WOOD WAY sales was for below the average price, whilst two 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 |
---|---|---|---|
2023 20 JUL | £250 | £522,317 | 100% below HPI |
2007 18 JAN | £400,000 | £285,061 | 40% above HPI |
2001 29 JUN | £250,000 | £153,173 | 63% above 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 three 15 FOLKS WOOD WAY sales between June 2001 and July 2023 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 January 2007 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the July 2023 sale, where it falls to 100% below the HPI. The line then continues to track at 100% below the HPI.
15 FOLKS WOOD WAY is 215m², which includes three extensions, according to the EPC inspection conducted in April 2018. This puts it in the largest 10% of detached houses in Lympne, based on EPC data. The below chart shows the distribution of detached houses by size in Lympne, and where 15 FOLKS WOOD WAY lies on this distribution: 96% of detached houses are smaller than 15 FOLKS WOOD WAY, and 4% of houses are larger. Note that EPC data is not available for all properties in Lympne.
15 FOLKS WOOD WAY sits on a plot of roughly 0.331 of an acre, or 1,339m². The below map shows the location of 15 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 15 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.
15 FOLKS WOOD WAY is located in LYMPNE, in the CT21 postcode district. The below map shows the position of No. 15 on FOLKS WOOD WAY.