Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
4 AVERENG GARDENS is a very large extended detached house of 345m², built sometime between 1930 and 1949. It was last sold for £900,000 in April 2021, which was around 99% above the average April 2021 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was January 2021, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 4 AVERENG GARDENS since 1st 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 4 AVERENG GARDENS 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 |
---|---|---|---|
2021 7 APR | £900,000 | £451,907 | 99% above HPI |
2009 31 JUL | £550,000 | £250,298 | 120% above HPI |
1998 18 SEP | £198,000 | £106,521 | 86% above HPI |
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 4 AVERENG GARDENS sales between September 1998 and April 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 July 2009 sale was for 120% above the HPI. So the extrapolation line tracks at 120% above the HPI over time, until the April 2021 sale, where it falls to 99% above the HPI. The line then continues to track at 99% above the HPI.
4 AVERENG GARDENS is 345m², which includes four extensions, according to the EPC inspection conducted in January 2021. This puts it in the largest 10% of detached houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses by size in Folkestone, and where 4 AVERENG GARDENS lies on this distribution: 98% of detached houses are smaller than 4 AVERENG GARDENS, and 2% of houses are larger. Note that EPC data is not available for all properties in Folkestone.
4 AVERENG GARDENS sits on a plot of roughly 0.391 of an acre, or 1,584m². The below map shows the location of 4 AVERENG GARDENS, 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 4 AVERENG GARDENS). 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.
4 AVERENG GARDENS is located in FOLKESTONE, in the CT19 postcode district. The below map shows the position of No. 4 on AVERENG GARDENS.