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
4 PALMBEACH AVENUE is a small detached house of 103m², built sometime between 1930 and 1949. It was last sold for £230,000 in July 2014, which was around 26% below the average July 2014 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 4 PALMBEACH AVENUE 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. Two of the three 4 PALMBEACH AVENUE sales were for below the average price, whilst one was 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 |
---|---|---|---|
2014 25 JUL | £230,000 | £311,709 | 26% below HPI |
1997 23 OCT | £97,000 | £97,685 | 1% below HPI |
1995 26 MAY | £80,000 | £78,617 | 2% 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 PALMBEACH AVENUE sales between May 1995 and July 2014 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 October 1997 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2014 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.
4 PALMBEACH AVENUE is 103m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% of detached houses in Hythe, based on EPC data. The below chart shows the distribution of detached houses by size in Hythe, and where 4 PALMBEACH AVENUE lies on this distribution: 29% of detached houses are smaller than 4 PALMBEACH AVENUE, and 70% of houses are larger. Note that EPC data is not available for all properties in Hythe.
4 PALMBEACH AVENUE sits on a plot of roughly 0.236 of an acre, or 956m². The below map shows the location of 4 PALMBEACH AVENUE, 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 PALMBEACH AVENUE). 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 PALMBEACH AVENUE is located in HYTHE, in the CT21 postcode district. The below map shows the position of No. 4 on PALMBEACH AVENUE.