16, FOLKS WOOD WAY, LYMPNE, HYTHE, CT21 4EW - £550,000

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

16 FOLKS WOOD WAY is a large extended detached house of 136m², built sometime between 1996 and 2002. It was last sold for £550,000 in February 2022, which was around 5% above the average February 2022 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

16 FOLKS WOOD WAY Sold Prices

Land registry data shows three sales for 16 FOLKS WOOD 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. All of the three 16 FOLKS WOOD WAY 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 18 FEB	£550,000	£524,904	5% above HPI
2002 2 OCT	£250,000	£198,031	26% above HPI
2000 24 NOV	£187,500	£140,704	33% above HPI

16 FOLKS WOOD 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 16 FOLKS WOOD WAY sales between November 2000 and February 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 October 2002 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the February 2022 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 16 FOLKS WOOD WAY?

16 FOLKS WOOD WAY is 136m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 20% of detached houses in Lympne, based on EPC data. The below chart shows the distribution of detached houses by size in Lympne, and where 16 FOLKS WOOD WAY lies on this distribution: 80% of detached houses are smaller than 16 FOLKS WOOD WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Lympne.

16 FOLKS WOOD WAY: Plot and Title Map

16 FOLKS WOOD WAY sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 16 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 16 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.

Where is 16 FOLKS WOOD WAY?

16 FOLKS WOOD WAY is located in LYMPNE, in the CT21 postcode district. The below map shows the position of No. 16 on FOLKS WOOD WAY.