40, DOWNS ROAD, FOLKESTONE, CT19 5PS - £322,000

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

40 DOWNS ROAD is a small extended detached house of 102m², built sometime between 1930 and 1949. It was last sold for £322,000 in June 2020, which was around 25% below the average June 2020 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was C.

40 DOWNS ROAD Sold Prices

Land registry data shows two sales for 40 DOWNS ROAD 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 40 DOWNS 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 26 JUN	£322,000	£428,039	25% below HPI
1998 16 OCT	£83,000	£106,726	22% below HPI

40 DOWNS 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 two 40 DOWNS ROAD sales from October 1998 and June 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 October 1998 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 40 DOWNS ROAD?

40 DOWNS ROAD is 102m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 30% of detached houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses by size in Folkestone, and where 40 DOWNS ROAD lies on this distribution: 30% of detached houses are smaller than 40 DOWNS ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

40 DOWNS ROAD: Plot and Title Map

40 DOWNS ROAD sits on a plot of roughly 0.105 of an acre, or 427m². The below map shows the location of 40 DOWNS 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 DOWNS 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 DOWNS ROAD?

40 DOWNS ROAD is located in FOLKESTONE, in the CT19 postcode district. The below map shows the position of No. 40 on DOWNS ROAD.