2, NAILDOWN CLOSE, HYTHE, CT21 5TA - £345,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 NAILDOWN CLOSE is a large detached house of 147m², built sometime between 1950 and 1966, which could now be worth an estimated £570,194. It was last sold for £345,000 in October 2014, which was around 8% above the average October 2014 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.

2 NAILDOWN CLOSE Sold Prices

Land registry data shows three sales for 2 NAILDOWN 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. Two of the three 2 NAILDOWN CLOSE sales were for above the average price, whilst one was 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
2014 24 OCT	£345,000	£319,363	8% above HPI
2003 5 NOV	£250,000	£238,582	5% above HPI
2001 26 JAN	£82,500	£138,815	41% below HPI

2 NAILDOWN 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 NAILDOWN CLOSE sales between January 2001 and October 2014 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 November 2003 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2014 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 2 NAILDOWN CLOSE be worth now?

2 NAILDOWN CLOSE might now be worth an estimated £570,194.

This is based on house price inflation of 65.3%, between October 2014 and February 2025, for detached houses, in the Folkestone and Hythe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.3% inflationary increase is applied to the most recent sale price for 2 NAILDOWN CLOSE of £345,000 on 24th October 2014. For the value to have increased from £345,000 to £570,194 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 NAILDOWN CLOSE has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The October 2014 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NAILDOWN CLOSE has not materially changed since October 2014.

How Large is 2 NAILDOWN CLOSE?

2 NAILDOWN CLOSE is 147m² according to the EPC inspection conducted in January 2015. This puts it in the largest 40% of detached houses houses in Hythe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hythe, and where 2 NAILDOWN CLOSE lies on this distribution: 64% of detached houses houses are smaller than 2 NAILDOWN CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Hythe.

2 NAILDOWN CLOSE: Plot and Title Map

2 NAILDOWN CLOSE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 2 NAILDOWN 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 NAILDOWN 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 NAILDOWN CLOSE?

2 NAILDOWN CLOSE is located in HYTHE, in the CT21 postcode district. The below map shows the position of No. 2 on NAILDOWN CLOSE.