29B, PAY STREET, DENSOLE, FOLKESTONE, CT18 7DR - £306,000

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

29B PAY STREET is a small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £306,000 in February 2020, which was around 30% below the average February 2020 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

29B PAY STREET Sold Prices

Land registry data shows two sales for 29B PAY STREET 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 29B PAY STREET 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
2020 12 FEB	£306,000	£436,235	30% below HPI
2018 6 FEB	£235,000	£407,844	42% below HPI

29B PAY STREET 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 29B PAY STREET sales from February 2018 and February 2020 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 February 2018 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2020 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 29B PAY STREET?

29B PAY STREET is 79m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% of detached houses in Densole, based on EPC data. The below chart shows the distribution of detached houses by size in Densole, and where 29B PAY STREET lies on this distribution: 24% of detached houses are smaller than 29B PAY STREET, and 75% of houses are larger. Note that EPC data is not available for all properties in Densole.

29B PAY STREET: Plot and Title Map

29B PAY STREET sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 29B PAY STREET, 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 29B PAY STREET). 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 29B PAY STREET?

29B PAY STREET is located in DENSOLE, in the CT18 postcode district. The below map shows the position of No. 29B on PAY STREET.