2, LAUREL CLOSE, FOLKESTONE, CT20 3PP - £345,000

2 LAUREL CLOSE is a small extended detached house of 113m², built sometime between 1976 and 1982. It was last sold for £345,000 in December 2020, which was around 25% below the average December 2020 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

2 LAUREL CLOSE Sold Prices

Land registry data shows three sales for 2 LAUREL 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 2 LAUREL 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
2020 8 DEC	£345,000	£457,065	25% below HPI
2015 22 MAY	£240,000	£328,452	27% below HPI
2004 28 JUN	£197,500	£246,803	20% below HPI

2 LAUREL 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 2 LAUREL CLOSE sales between June 2004 and December 2020 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 May 2015 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 LAUREL CLOSE?

2 LAUREL CLOSE is 113m², which includes two extensions, according to the EPC inspection conducted in October 2023. 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 2 LAUREL CLOSE lies on this distribution: 35% of detached houses are smaller than 2 LAUREL CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

2 LAUREL CLOSE: Plot and Title Map

2 LAUREL CLOSE sits on a plot of roughly 0.055 of an acre, or 225m². The below map shows the location of 2 LAUREL 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 2 LAUREL 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 2 LAUREL CLOSE?

2 LAUREL CLOSE is located in FOLKESTONE, in the CT20 postcode district. The below map shows the position of No. 2 on LAUREL CLOSE.