28, FIRS LANE, FOLKESTONE, CT19 4QE - £220,000

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

28 FIRS LANE is a very small semi-detached house of 43m², built sometime between 1983 and 1990. It was last sold for £220,000 in May 2019, which was around 46% below the average May 2019 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

28 FIRS LANE Sold Prices

Land registry data shows five sales for 28 FIRS LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the five 28 FIRS LANE 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
2019 14 MAY	£220,000	£407,483	46% below HPI
2016 19 AUG	£185,000	£382,162	52% below HPI
2012 9 NOV	£147,000	£279,912	47% below HPI
2006 30 JUN	£140,000	£274,114	49% below HPI
2000 20 DEC	£65,000	£137,138	53% below HPI

28 FIRS 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 five 28 FIRS LANE sales between December 2000 and May 2019 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 August 2016 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the May 2019 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 28 FIRS LANE?

28 FIRS LANE is 43m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% of detached houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses by size in Folkestone, and where 28 FIRS LANE lies on this distribution: Less than 1% of detached houses are smaller than 28 FIRS LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

28 FIRS LANE: Plot and Title Map

28 FIRS LANE sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 28 FIRS 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 28 FIRS 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 28 FIRS LANE?

28 FIRS LANE is located in FOLKESTONE, in the CT19 postcode district. The below map shows the position of No. 28 on FIRS LANE.