2, RISBOROUGH WAY, FOLKESTONE, CT20 3JR - £320,000

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 RISBOROUGH WAY is a midsized detached house of 123m², built sometime between 1967 and 1975, which could now be worth an estimated £327,128. It was last sold for £320,000 in January 2022, which was around 39% below the average January 2022 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

2 RISBOROUGH WAY Sold Prices

Land registry data shows three sales for 2 RISBOROUGH 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 2 RISBOROUGH WAY 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
2022 14 JAN	£320,000	£525,278	39% below HPI
1996 6 SEP	£57,000	£91,237	38% below HPI
1995 28 APR	£32,000	£80,329	60% below HPI

2 RISBOROUGH 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 2 RISBOROUGH WAY sales between April 1995 and January 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 September 1996 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2022 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 2 RISBOROUGH WAY be worth now?

2 RISBOROUGH WAY might now be worth an estimated £327,128.

This is based on house price inflation of 2.2%, between January 2022 and December 2024, 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 2.2% inflationary increase is applied to the most recent sale price for 2 RISBOROUGH WAY of £320,000 on 14th January 2022. For the value to have increased from £320,000 to £327,128 over the one year and one month to December 2024, the following assumptions must hold true:

• The value of 2 RISBOROUGH WAY has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The January 2022 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RISBOROUGH WAY has not materially changed since January 2022.

How Large is 2 RISBOROUGH WAY?

2 RISBOROUGH WAY is 123m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 50% of detached houses houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Folkestone, and where 2 RISBOROUGH WAY lies on this distribution: 43% of detached houses houses are smaller than 2 RISBOROUGH WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

2 RISBOROUGH WAY: Plot and Title Map

2 RISBOROUGH WAY sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 2 RISBOROUGH 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 2 RISBOROUGH 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 2 RISBOROUGH WAY?

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