3, WEBB CLOSE, FOLKESTONE, CT19 5LN - £470,000

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 WEBB CLOSE is a midsized extended detached house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £456,694. It was last sold for £470,000 in August 2022, which was around 13% below the average August 2022 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

3 WEBB CLOSE Sold Prices

Land registry data shows four sales for 3 WEBB CLOSE 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 WEBB CLOSE 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
2022 2 AUG	£470,000	£543,201	13% below HPI
2008 11 APR	£337,500	£299,570	13% above HPI
2002 14 OCT	£225,000	£204,059	10% above HPI
2000 16 AUG	£162,500	£140,351	16% above HPI

3 WEBB 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 four 3 WEBB CLOSE sales between August 2000 and August 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 April 2008 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2022 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 3 WEBB CLOSE be worth now?

3 WEBB CLOSE might now be worth an estimated £456,694.

This is based on house price deflation of 2.8%, between August 2022 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 2.8% deflationary decrease is applied to the most recent sale price for 3 WEBB CLOSE of £470,000 on 2nd August 2022. For the value to have decreased from £470,000 to £456,694 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 3 WEBB CLOSE has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The August 2022 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WEBB CLOSE has not materially changed since August 2022.

How Large is 3 WEBB CLOSE?

3 WEBB CLOSE is 120m², which includes two extensions, according to the EPC inspection conducted in January 2022. 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 WEBB CLOSE lies on this distribution: 41% of detached houses houses are smaller than 3 WEBB CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

3 WEBB CLOSE: Plot and Title Map

3 WEBB CLOSE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 3 WEBB 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 WEBB 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 WEBB CLOSE?

3 WEBB CLOSE is located in FOLKESTONE, in the CT19 postcode district. The below map shows the position of No. 3 on WEBB CLOSE.