24, PETREL WAY, HAWKINGE, FOLKESTONE, CT18 7GZ - £418,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

24 PETREL WAY is a very large extended detached house of 190m², built sometime between 2003 and 2006. It was last sold for £418,000 in February 2011, which was around 52% above the average February 2011 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

24 PETREL WAY Sold Prices

Land registry data shows two sales for 24 PETREL WAY 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 24 PETREL WAY 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
2011 28 FEB	£418,000	£274,764	52% above HPI
2003 21 MAR	£349,000	£217,004	61% above HPI

24 PETREL 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 two 24 PETREL WAY sales from March 2003 and February 2011 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 March 2003 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the February 2011 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 24 PETREL WAY?

24 PETREL WAY is 190m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the largest 10% of detached houses in Hawkinge, based on EPC data. The below chart shows the distribution of detached houses by size in Hawkinge, and where 24 PETREL WAY lies on this distribution: 92% of detached houses are smaller than 24 PETREL WAY, and 8% of houses are larger. Note that EPC data is not available for all properties in Hawkinge.

24 PETREL WAY: Plot and Title Map

24 PETREL WAY sits on a plot of roughly 0.307 of an acre, or 1,244m². The below map shows the location of 24 PETREL 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 24 PETREL 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 24 PETREL WAY?

24 PETREL WAY is located in HAWKINGE, in the CT18 postcode district. The below map shows the position of No. 24 on PETREL WAY.