40, CHERITON COURT ROAD, FOLKESTONE, CT20 3JP - £450,000

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.

40 CHERITON COURT ROAD is a small extended detached house of 107m², built sometime between 1967 and 1975, which could now be worth an estimated £515,087. It was last sold for £450,000 in October 2020, which was around 2% below the average October 2020 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was C.

40 CHERITON COURT ROAD Sold Prices

Land registry data shows four sales for 40 CHERITON COURT ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the four 40 CHERITON COURT ROAD 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
2020 16 OCT	£450,000	£461,127	2% below HPI
2013 5 FEB	£250,000	£291,140	14% below HPI
2010 27 OCT	£250,000	£297,399	16% below HPI
1996 7 JUN	£84,000	£86,932	3% below HPI

40 CHERITON COURT ROAD 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 four 40 CHERITON COURT ROAD sales between June 1996 and October 2020 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 February 2013 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2020 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 40 CHERITON COURT ROAD be worth now?

40 CHERITON COURT ROAD might now be worth an estimated £515,087.

This is based on house price inflation of 14.5%, between October 2020 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 14.5% inflationary increase is applied to the most recent sale price for 40 CHERITON COURT ROAD of £450,000 on 16th October 2020. For the value to have increased from £450,000 to £515,087 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 40 CHERITON COURT ROAD has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The October 2020 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 40 CHERITON COURT ROAD has not materially changed since October 2020.

How Large is 40 CHERITON COURT ROAD?

40 CHERITON COURT ROAD is 107m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% of detached houses houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Folkestone, and where 40 CHERITON COURT ROAD lies on this distribution: 33% of detached houses houses are smaller than 40 CHERITON COURT ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

40 CHERITON COURT ROAD: Plot and Title Map

40 CHERITON COURT ROAD sits on a plot of roughly 0.243 of an acre, or 984m². The below map shows the location of 40 CHERITON COURT ROAD, 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 40 CHERITON COURT ROAD). 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 40 CHERITON COURT ROAD?

40 CHERITON COURT ROAD is located in FOLKESTONE, in the CT20 postcode district. The below map shows the position of No. 40 on CHERITON COURT ROAD.