18, ORR CLOSE, HAWKINGE, FOLKESTONE, CT18 7QT - £195,000

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

18 ORR CLOSE is a very small extended detached house of 92m², built sometime between 2003 and 2006. It was last sold for £195,000 in August 2011, which was around 28% below the average August 2011 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

18 ORR CLOSE Sold Prices

Land registry data shows three sales for 18 ORR CLOSE 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 18 ORR 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
2011 8 AUG	£195,000	£272,611	28% below HPI
2004 25 MAR	£180,000	£243,283	26% below HPI
2003 18 DEC	£142,200	£237,938	40% below HPI

18 ORR 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 three 18 ORR CLOSE sales between December 2003 and August 2011 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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2011 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 18 ORR CLOSE?

18 ORR CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the smallest 20% of detached houses in Hawkinge, based on EPC data. The below chart shows the distribution of detached houses by size in Hawkinge, and where 18 ORR CLOSE lies on this distribution: 18% of detached houses are smaller than 18 ORR CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Hawkinge.

18 ORR CLOSE: Plot and Title Map

18 ORR CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 18 ORR 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 18 ORR 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 18 ORR CLOSE?

18 ORR CLOSE is located in HAWKINGE, in the CT18 postcode district. The below map shows the position of No. 18 on ORR CLOSE.