16, FAIRFAX CLOSE, FOLKESTONE, CT20 3SL - £249,000

16 FAIRFAX CLOSE is a small detached house of 103m², built sometime between 1991 and 1995. It was last sold for £249,000 in November 2015, which was around 28% below the average November 2015 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

16 FAIRFAX CLOSE Sold Prices

Land registry data shows two sales for 16 FAIRFAX CLOSE 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 16 FAIRFAX CLOSE 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
2015 11 NOV	£249,000	£345,005	28% below HPI
2007 24 JAN	£223,496	£285,061	22% below HPI

16 FAIRFAX CLOSE 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 16 FAIRFAX CLOSE sales from January 2007 and November 2015 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 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2015 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 16 FAIRFAX CLOSE?

16 FAIRFAX CLOSE is 103m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 40% of detached houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses by size in Folkestone, and where 16 FAIRFAX CLOSE lies on this distribution: 30% of detached houses are smaller than 16 FAIRFAX CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

16 FAIRFAX CLOSE: Plot and Title Map

16 FAIRFAX CLOSE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 16 FAIRFAX 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 16 FAIRFAX 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 16 FAIRFAX CLOSE?

16 FAIRFAX CLOSE is located in FOLKESTONE, in the CT20 postcode district. The below map shows the position of No. 16 on FAIRFAX CLOSE.