36, PETREL WAY, HAWKINGE, FOLKESTONE, CT18 7GZ - £557,500

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.

36 PETREL WAY is a very large detached house of 193m², built sometime between 2003 and 2006, which could now be worth an estimated £680,439. It was last sold for £557,500 in July 2019, which was around 29% above the average July 2019 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

36 PETREL WAY Sold Prices

Land registry data shows three sales for 36 PETREL WAY 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 36 PETREL WAY 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
2019 17 JUL	£557,500	£432,458	29% above HPI
2016 19 AUG	£535,000	£393,794	36% above HPI
2004 4 JUN	£440,500	£254,315	73% above HPI

36 PETREL WAY 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 36 PETREL WAY sales between June 2004 and July 2019 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 August 2016 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the July 2019 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 36 PETREL WAY be worth now?

36 PETREL WAY might now be worth an estimated £680,439.

This is based on house price inflation of 22.1%, between July 2019 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 22.1% inflationary increase is applied to the most recent sale price for 36 PETREL WAY of £557,500 on 17th July 2019. For the value to have increased from £557,500 to £680,439 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 36 PETREL WAY has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The July 2019 sale price of £557,500 represented a fair market value for the property.
• The size, condition, and specification of 36 PETREL WAY has not materially changed since July 2019.

How Large is 36 PETREL WAY?

36 PETREL WAY is 193m² according to the EPC inspection conducted in February 2016. This puts it in the largest 10% of detached houses houses in Hawkinge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hawkinge, and where 36 PETREL WAY lies on this distribution: 93% of detached houses houses are smaller than 36 PETREL WAY, and 7% of houses are larger. Note that EPC data is not available for all properties in Hawkinge.

36 PETREL WAY: Plot and Title Map

36 PETREL WAY sits on a plot of roughly 0.198 of an acre, or 803m². The below map shows the location of 36 PETREL WAY, 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 36 PETREL WAY). 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 36 PETREL WAY?

36 PETREL WAY is located in HAWKINGE, in the CT18 postcode district. The below map shows the position of No. 36 on PETREL WAY.