3, MERIDEN WALK, ETCHINGHILL, FOLKESTONE, CT18 8NY - £439,995

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 MERIDEN WALK is a very small detached house of 82m², built sometime between 1996 and 2002. It was last sold for £439,995 in July 2022, which was around 14% below the average July 2022 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

3 MERIDEN WALK Sold Prices

Land registry data shows three sales for 3 MERIDEN WALK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the three 3 MERIDEN WALK 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 26 JUL	£439,995	£509,029	14% below HPI
2010 22 NOV	£229,000	£287,305	20% below HPI
2001 12 FEB	£111,250	£131,838	16% below HPI

3 MERIDEN WALK 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 three 3 MERIDEN WALK sales between February 2001 and July 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 November 2010 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 MERIDEN WALK?

3 MERIDEN WALK is 82m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of detached houses in Etchinghill, based on EPC data. The below chart shows the distribution of detached houses by size in Etchinghill, and where 3 MERIDEN WALK lies on this distribution: 11% of detached houses are smaller than 3 MERIDEN WALK, and 89% of houses are larger. Note that EPC data is not available for all properties in Etchinghill.

3 MERIDEN WALK: Plot and Title Map

3 MERIDEN WALK sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 3 MERIDEN WALK, 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 MERIDEN WALK). 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 MERIDEN WALK?

3 MERIDEN WALK is located in ETCHINGHILL, in the CT18 postcode district. The below map shows the position of No. 3 on MERIDEN WALK.