3, CROMWELL PARK PLACE, FOLKESTONE, CT20 3SB - £362,000

3 CROMWELL PARK PLACE is a small extended detached house of 86m², built sometime between 1976 and 1982. It was last sold for £362,000 in February 2022, which was around 31% below the average February 2022 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

3 CROMWELL PARK PLACE Sold Prices

Land registry data shows four sales for 3 CROMWELL PARK PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the four 3 CROMWELL PARK PLACE 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
2022 14 FEB	£362,000	£525,402	31% below HPI
1999 5 AUG	£80,500	£113,248	29% below HPI
1996 12 NOV	£67,000	£85,929	22% below HPI
1995 3 JUL	£65,500	£82,001	20% below HPI

3 CROMWELL PARK PLACE 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 four 3 CROMWELL PARK PLACE sales between July 1995 and February 2022 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 1999 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2022 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 3 CROMWELL PARK PLACE?

3 CROMWELL PARK PLACE is 86m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 30% of detached houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses by size in Folkestone, and where 3 CROMWELL PARK PLACE lies on this distribution: 21% of detached houses are smaller than 3 CROMWELL PARK PLACE, and 79% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

3 CROMWELL PARK PLACE: Plot and Title Map

3 CROMWELL PARK PLACE sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 3 CROMWELL PARK PLACE, 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 CROMWELL PARK PLACE). 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 CROMWELL PARK PLACE?

3 CROMWELL PARK PLACE is located in FOLKESTONE, in the CT20 postcode district. The below map shows the position of No. 3 on CROMWELL PARK PLACE.