3, CORNWALLIS AVENUE, FOLKESTONE, CT19 5JA - £570,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 CORNWALLIS AVENUE is a large extended detached house of 188m², built sometime between 1950 and 1966, which could now be worth an estimated £715,891. It was last sold for £570,000 in February 2018, which was around 36% above the average February 2018 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was C.

3 CORNWALLIS AVENUE Sold Prices

Land registry data shows two sales for 3 CORNWALLIS AVENUE 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 3 CORNWALLIS AVENUE 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
2018 1 FEB	£570,000	£420,258	36% above HPI
2005 26 SEP	£373,000	£276,803	35% above HPI

3 CORNWALLIS AVENUE 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 3 CORNWALLIS AVENUE sales from September 2005 and February 2018 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 September 2005 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the February 2018 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 3 CORNWALLIS AVENUE be worth now?

3 CORNWALLIS AVENUE might now be worth an estimated £715,891.

This is based on house price inflation of 25.6%, between February 2018 and February 2025, for detached houses, in the Folkestone and Hythe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.6% inflationary increase is applied to the most recent sale price for 3 CORNWALLIS AVENUE of £570,000 on 1st February 2018. For the value to have increased from £570,000 to £715,891 over the seven years to February 2025, the following assumptions must hold true:

• The value of 3 CORNWALLIS AVENUE has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The February 2018 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CORNWALLIS AVENUE has not materially changed since February 2018.

How Large is 3 CORNWALLIS AVENUE?

3 CORNWALLIS AVENUE is 188m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 30% of detached houses houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Folkestone, and where 3 CORNWALLIS AVENUE lies on this distribution: 76% of detached houses houses are smaller than 3 CORNWALLIS AVENUE, and 23% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

3 CORNWALLIS AVENUE: Plot and Title Map

3 CORNWALLIS AVENUE sits on a plot of roughly 0.252 of an acre, or 1,020m². The below map shows the location of 3 CORNWALLIS AVENUE, 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 3 CORNWALLIS AVENUE). 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 3 CORNWALLIS AVENUE?

3 CORNWALLIS AVENUE is located in FOLKESTONE, in the CT19 postcode district. The below map shows the position of No. 3 on CORNWALLIS AVENUE.