31, THE LANCERS, FOLKESTONE, CT20 3FS - £295,000

31 THE LANCERS is a very small detached house of 85m². It was last sold for £295,000 in May 2021, which was around 35% below the average May 2021 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was November 2017, where the current energy rating was B, and the potential energy rating was A.

31 THE LANCERS Sold Prices

Land registry data shows two sales for 31 THE LANCERS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. Both of the two 31 THE LANCERS 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 26 MAY	£295,000	£455,067	35% below HPI
2018 25 JAN	£264,500	£401,818	34% below HPI

31 THE LANCERS 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 two 31 THE LANCERS sales from January 2018 and May 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 January 2018 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 31 THE LANCERS?

31 THE LANCERS is 85m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 20% of detached houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses by size in Folkestone, and where 31 THE LANCERS lies on this distribution: 19% of detached houses are smaller than 31 THE LANCERS, and 80% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

31 THE LANCERS: Plot and Title Map

31 THE LANCERS sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 31 THE LANCERS, 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 31 THE LANCERS). 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 31 THE LANCERS?

31 THE LANCERS is located in FOLKESTONE, in the CT20 postcode district. The below map shows the position of No. 31 on THE LANCERS.