38, FOLKS WOOD WAY, LYMPNE, HYTHE, CT21 4EW - £240,000

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

38 FOLKS WOOD WAY is a small detached house of 105m², built sometime between 1996 and 2002. It was last sold for £240,000 in February 2010, which was around 14% below the average February 2010 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

38 FOLKS WOOD WAY Sold Prices

Land registry data shows two sales for 38 FOLKS WOOD WAY 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 38 FOLKS WOOD WAY 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
2010 26 FEB	£240,000	£278,562	14% below HPI
2001 28 SEP	£145,000	£150,321	4% below HPI

38 FOLKS WOOD 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 two 38 FOLKS WOOD WAY sales from September 2001 and February 2010 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 September 2001 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2010 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 38 FOLKS WOOD WAY?

38 FOLKS WOOD WAY is 105m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 40% of detached houses in Lympne, based on EPC data. The below chart shows the distribution of detached houses by size in Lympne, and where 38 FOLKS WOOD WAY lies on this distribution: 40% of detached houses are smaller than 38 FOLKS WOOD WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Lympne.

38 FOLKS WOOD WAY: Plot and Title Map

38 FOLKS WOOD WAY sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 38 FOLKS WOOD 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 38 FOLKS WOOD 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 38 FOLKS WOOD WAY?

38 FOLKS WOOD WAY is located in LYMPNE, in the CT21 postcode district. The below map shows the position of No. 38 on FOLKS WOOD WAY.