1B, CHERRY GARDEN AVENUE, FOLKESTONE, CT19 5LB - £798,948

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

1B CHERRY GARDEN AVENUE is a large extended detached house of 175m², built sometime between 1967 and 1975. It was last sold for £798,948 in November 2018, which was around 86% above the average November 2018 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

1B CHERRY GARDEN AVENUE Sold Prices

Land registry data shows three sales for 1B CHERRY GARDEN AVENUE 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 1B CHERRY GARDEN AVENUE 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
2018 5 NOV	£798,948	£428,941	86% above HPI
2018 12 FEB	£495,000	£407,844	21% above HPI
2002 21 AUG	£312,000	£192,926	62% above HPI

1B CHERRY GARDEN AVENUE 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 1B CHERRY GARDEN AVENUE sales between August 2002 and November 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 February 2018 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the November 2018 sale, where it rises to 86% above the HPI. The line then continues to track at 86% above the HPI.

How Large is 1B CHERRY GARDEN AVENUE?

1B CHERRY GARDEN AVENUE is 175m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the largest 30% of detached houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses by size in Folkestone, and where 1B CHERRY GARDEN AVENUE lies on this distribution: 71% of detached houses are smaller than 1B CHERRY GARDEN AVENUE, and 29% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

1B CHERRY GARDEN AVENUE: Plot and Title Map

1B CHERRY GARDEN AVENUE sits on a plot of roughly 0.209 of an acre, or 846m². The below map shows the location of 1B CHERRY GARDEN AVENUE, 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 1B CHERRY GARDEN AVENUE). 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 1B CHERRY GARDEN AVENUE?

1B CHERRY GARDEN AVENUE is located in FOLKESTONE, in the CT19 postcode district. The below map shows the position of No. 1B on CHERRY GARDEN AVENUE.