3, FOLKS WOOD WAY, LYMPNE, HYTHE, CT21 4EW - £245,000

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

3 FOLKS WOOD WAY is a small detached house of 91m², built sometime between 1996 and 2002. It was last sold for £245,000 in December 2009, which was around 10% below the average December 2009 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

3 FOLKS WOOD WAY Sold Prices

Land registry data shows four sales for 3 FOLKS WOOD WAY 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 FOLKS WOOD WAY 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
2009 16 DEC	£245,000	£271,279	10% below HPI
2006 2 JUN	£240,000	£274,114	12% below HPI
2001 14 SEP	£145,000	£150,321	4% below HPI
1999 22 OCT	£107,500	£113,960	6% below HPI

3 FOLKS WOOD WAY 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 FOLKS WOOD WAY sales between October 1999 and December 2009 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 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2009 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 3 FOLKS WOOD WAY?

3 FOLKS WOOD WAY is 91m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 30% of detached houses in Lympne, based on EPC data. The below chart shows the distribution of detached houses by size in Lympne, and where 3 FOLKS WOOD WAY lies on this distribution: 28% of detached houses are smaller than 3 FOLKS WOOD WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Lympne.

3 FOLKS WOOD WAY: Plot and Title Map

3 FOLKS WOOD WAY sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 3 FOLKS WOOD WAY, 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 FOLKS WOOD WAY). 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 FOLKS WOOD WAY?

3 FOLKS WOOD WAY is located in LYMPNE, in the CT21 postcode district. The below map shows the position of No. 3 on FOLKS WOOD WAY.