3, LAUREL CLOSE, FOLKESTONE, CT20 3PP - £476,800

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 LAUREL CLOSE is a midsized extended detached house of 129m², built sometime between 1967 and 1975, which could now be worth an estimated £553,878. It was last sold for £476,800 in March 2021, which was around 3% above the average March 2021 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

3 LAUREL CLOSE Sold Prices

Land registry data shows five sales for 3 LAUREL CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. Most of the five 3 LAUREL CLOSE 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
2021 5 MAR	£476,800	£462,253	3% above HPI
2014 30 JUN	£250,000	£313,649	20% below HPI
2006 12 OCT	£225,000	£290,516	23% below HPI
2003 14 FEB	£179,250	£222,105	19% below HPI
1998 9 APR	£83,500	£101,788	18% below HPI

3 LAUREL CLOSE 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 five 3 LAUREL CLOSE sales between April 1998 and March 2021 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 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2021 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 3 LAUREL CLOSE be worth now?

3 LAUREL CLOSE might now be worth an estimated £553,878.

This is based on house price inflation of 16.2%, between March 2021 and December 2024, 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 16.2% inflationary increase is applied to the most recent sale price for 3 LAUREL CLOSE of £476,800 on 5th March 2021. For the value to have increased from £476,800 to £553,878 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 3 LAUREL CLOSE has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The March 2021 sale price of £476,800 represented a fair market value for the property.
• The size, condition, and specification of 3 LAUREL CLOSE has not materially changed since March 2021.

How Large is 3 LAUREL CLOSE?

3 LAUREL CLOSE is 129m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 50% 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 LAUREL CLOSE lies on this distribution: 48% of detached houses houses are smaller than 3 LAUREL CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

3 LAUREL CLOSE: Plot and Title Map

3 LAUREL CLOSE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 3 LAUREL CLOSE, 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 LAUREL CLOSE). 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 LAUREL CLOSE?

3 LAUREL CLOSE is located in FOLKESTONE, in the CT20 postcode district. The below map shows the position of No. 3 on LAUREL CLOSE.