4, MEGONE CLOSE, HAWKINGE, FOLKESTONE, CT18 7FL - £298,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

4 MEGONE CLOSE is a small detached house of 100m², built sometime between 1996 and 2002. It was last sold for £298,000 in June 2017, which was around 25% below the average June 2017 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was C.

4 MEGONE CLOSE Sold Prices

Land registry data shows three sales for 4 MEGONE CLOSE 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 4 MEGONE CLOSE 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
2017 20 JUN	£298,000	£397,567	25% below HPI
2002 19 APR	£131,000	£164,848	21% below HPI
1997 7 AUG	£77,950	£93,512	17% below HPI

4 MEGONE 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 three 4 MEGONE CLOSE sales between August 1997 and June 2017 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 2002 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2017 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 4 MEGONE CLOSE?

4 MEGONE CLOSE is 100m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 30% of detached houses in Hawkinge, based on EPC data. The below chart shows the distribution of detached houses by size in Hawkinge, and where 4 MEGONE CLOSE lies on this distribution: 26% of detached houses are smaller than 4 MEGONE CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Hawkinge.

4 MEGONE CLOSE: Plot and Title Map

4 MEGONE CLOSE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 4 MEGONE 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 4 MEGONE 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 4 MEGONE CLOSE?

4 MEGONE CLOSE is located in HAWKINGE, in the CT18 postcode district. The below map shows the position of No. 4 on MEGONE CLOSE.