15, NARRABEEN ROAD, FOLKESTONE, CT19 4DD - £300,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 NARRABEEN ROAD is a very small detached house of 70m², built sometime between 1930 and 1949. It was last sold for £300,000 in July 2018, which was around 28% below the average July 2018 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

15 NARRABEEN ROAD Sold Prices

Land registry data shows two sales for 15 NARRABEEN ROAD 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 15 NARRABEEN ROAD sales were for below 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
2018 18 JUL	£300,000	£417,598	28% below HPI
2004 3 MAR	£175,000	£243,283	28% below HPI

15 NARRABEEN ROAD 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 15 NARRABEEN ROAD sales from March 2004 and July 2018 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 March 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2018 sale, which was also at 28% below the HPI.

How Large is 15 NARRABEEN ROAD?

15 NARRABEEN ROAD is 70m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% of detached houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses by size in Folkestone, and where 15 NARRABEEN ROAD lies on this distribution: 8% of detached houses are smaller than 15 NARRABEEN ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

15 NARRABEEN ROAD: Plot and Title Map

15 NARRABEEN ROAD sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of 15 NARRABEEN ROAD, 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 NARRABEEN ROAD). 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 15 NARRABEEN ROAD?

15 NARRABEEN ROAD is located in FOLKESTONE, in the CT19 postcode district. The below map shows the position of No. 15 on NARRABEEN ROAD.