23, CHERRY GARDEN LANE, FOLKESTONE, CT19 4AD - £745,000

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

23 CHERRY GARDEN LANE is a midsized detached house of 146m², built sometime between 1930 and 1949. It was last sold for £745,000 in March 2023, which was around 41% above the average March 2023 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was C.

23 CHERRY GARDEN LANE Sold Prices

Land registry data shows two sales for 23 CHERRY GARDEN LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. Both of the two 23 CHERRY GARDEN LANE 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
2023 3 MAR	£745,000	£527,447	41% above HPI
2001 30 NOV	£215,000	£156,501	37% above HPI

23 CHERRY GARDEN LANE 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 two 23 CHERRY GARDEN LANE sales from November 2001 and March 2023 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 2001 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the March 2023 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 23 CHERRY GARDEN LANE?

23 CHERRY GARDEN LANE is 146m² according to the EPC inspection conducted in August 2022. This puts it in the largest 50% of detached houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses by size in Folkestone, and where 23 CHERRY GARDEN LANE lies on this distribution: 57% of detached houses are smaller than 23 CHERRY GARDEN LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

23 CHERRY GARDEN LANE: Plot and Title Map

23 CHERRY GARDEN LANE sits on a plot of roughly 0.267 of an acre, or 1,079m². The below map shows the location of 23 CHERRY GARDEN LANE, 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 23 CHERRY GARDEN LANE). 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 23 CHERRY GARDEN LANE?

23 CHERRY GARDEN LANE is located in FOLKESTONE, in the CT19 postcode district. The below map shows the position of No. 23 on CHERRY GARDEN LANE.