3, PAY STREET, DENSOLE, FOLKESTONE, CT18 7DN - £392,500

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 PAY STREET is a large extended detached house of 152m², built sometime between 1967 and 1975, which could now be worth an estimated £577,471. It was last sold for £392,500 in December 2015, which was around 9% above the average December 2015 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

3 PAY STREET Sold Prices

Land registry data shows four sales for 3 PAY STREET 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. Most of the four 3 PAY STREET 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
2015 4 DEC	£392,500	£358,755	9% above HPI
2007 4 DEC	£363,000	£323,736	12% above HPI
2000 18 JUL	£135,000	£136,984	1% below HPI
1996 3 APR	£95,500	£87,374	9% above HPI

3 PAY STREET 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 PAY STREET sales between April 1996 and December 2015 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 December 2007 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the December 2015 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 3 PAY STREET be worth now?

3 PAY STREET might now be worth an estimated £577,471.

This is based on house price inflation of 47.1%, between December 2015 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 47.1% inflationary increase is applied to the most recent sale price for 3 PAY STREET of £392,500 on 4th December 2015. For the value to have increased from £392,500 to £577,471 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 PAY STREET has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The December 2015 sale price of £392,500 represented a fair market value for the property.
• The size, condition, and specification of 3 PAY STREET has not materially changed since December 2015.

How Large is 3 PAY STREET?

3 PAY STREET is 152m², which includes two extensions, according to the EPC inspection conducted in November 2012. This puts it in the largest 30% of detached houses houses in Densole, based on EPC data. The below chart shows the distribution of detached houses houses by size in Densole, and where 3 PAY STREET lies on this distribution: 78% of detached houses houses are smaller than 3 PAY STREET, and 21% of houses are larger. Note that EPC data is not available for all properties in Densole.

3 PAY STREET: Plot and Title Map

3 PAY STREET sits on a plot of roughly 0.225 of an acre, or 911m². The below map shows the location of 3 PAY STREET, 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 PAY STREET). 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 PAY STREET?

3 PAY STREET is located in DENSOLE, in the CT18 postcode district. The below map shows the position of No. 3 on PAY STREET.