281, DOWNS ROAD, FOLKESTONE, CT19 5TH - £145,000

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

281 DOWNS ROAD is a very small semi-detached house of 65m², built sometime between 1976 and 1982. It was last sold for £145,000 in May 2012, which was around 48% below the average May 2012 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was D.

281 DOWNS ROAD Sold Prices

Land registry data shows two sales for 281 DOWNS ROAD 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 281 DOWNS ROAD 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
2012 4 MAY	£145,000	£279,365	48% below HPI
2000 9 NOV	£72,000	£140,704	49% below HPI

281 DOWNS ROAD 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 281 DOWNS ROAD sales from November 2000 and May 2012 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 2000 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the May 2012 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 281 DOWNS ROAD?

281 DOWNS ROAD is 65m² according to the EPC inspection conducted in October 2011. 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 281 DOWNS ROAD lies on this distribution: 5% of detached houses are smaller than 281 DOWNS ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

281 DOWNS ROAD: Plot and Title Map

281 DOWNS ROAD sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 281 DOWNS ROAD, 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 281 DOWNS ROAD). 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 281 DOWNS ROAD?

281 DOWNS ROAD is located in FOLKESTONE, in the CT19 postcode district. The below map shows the position of No. 281 on DOWNS ROAD.