40, PHILLIP ROAD, FOLKESTONE, CT19 4PZ - £252,000

40 PHILLIP ROAD is a very small detached house of 70m², built sometime between 1930 and 1949. It was last sold for £252,000 in August 2018, which was around 40% below the average August 2018 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

40 PHILLIP ROAD Sold Prices

Land registry data shows four sales for 40 PHILLIP 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 PHILLIP 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
2018 21 AUG	£252,000	£416,872	40% below HPI
2012 2 APR	£175,000	£277,938	37% below HPI
2006 12 OCT	£185,000	£281,935	34% below HPI
1997 23 JUL	£55,000	£91,521	40% below HPI

40 PHILLIP 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 PHILLIP ROAD sales between July 1997 and August 2018 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 2012 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2018 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 40 PHILLIP ROAD?

40 PHILLIP ROAD is 70m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 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 40 PHILLIP ROAD lies on this distribution: 9% of detached houses are smaller than 40 PHILLIP ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

40 PHILLIP ROAD: Plot and Title Map

40 PHILLIP ROAD sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 40 PHILLIP 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 PHILLIP 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 PHILLIP ROAD?

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