2A, CHERRY GARDEN LANE, FOLKESTONE, CT19 4AD - £390,000

2A CHERRY GARDEN LANE is a small extended detached house of 104m², built sometime between 1950 and 1966. It was last sold for £390,000 in November 2015, which was around 13% above the average November 2015 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was July 2013, where the current energy rating was E, and the potential energy rating was D.

2A CHERRY GARDEN LANE Sold Prices

Land registry data shows two sales for 2A 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 2A 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
2015 27 NOV	£390,000	£345,005	13% above HPI
1998 12 JUN	£140,000	£104,060	35% above HPI

2A 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 2A CHERRY GARDEN LANE sales from June 1998 and November 2015 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 June 1998 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the November 2015 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 2A CHERRY GARDEN LANE?

2A CHERRY GARDEN LANE is 104m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 40% of detached houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses by size in Folkestone, and where 2A CHERRY GARDEN LANE lies on this distribution: 30% of detached houses are smaller than 2A CHERRY GARDEN LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

2A CHERRY GARDEN LANE: Plot and Title Map

2A CHERRY GARDEN LANE sits on a plot of roughly 0.208 of an acre, or 843m². The below map shows the location of 2A 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 2A 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 2A CHERRY GARDEN LANE?

2A CHERRY GARDEN LANE is located in FOLKESTONE, in the CT19 postcode district. The below map shows the position of No. 2A on CHERRY GARDEN LANE.