41, PAY STREET, DENSOLE, FOLKESTONE, CT18 7DY - £357,500

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

41 PAY STREET is a small detached house of 83m², built sometime between 1950 and 1966. It was last sold for £357,500 in October 2016, which was around 7% below the average October 2016 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

41 PAY STREET Sold Prices

Land registry data shows two sales for 41 PAY STREET 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 41 PAY STREET 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
2016 14 OCT	£357,500	£384,158	7% below HPI
2001 9 APR	£119,995	£142,801	16% below HPI

41 PAY STREET 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 41 PAY STREET sales from April 2001 and October 2016 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 2001 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2016 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 41 PAY STREET?

41 PAY STREET is 83m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% of detached houses in Densole, based on EPC data. The below chart shows the distribution of detached houses by size in Densole, and where 41 PAY STREET lies on this distribution: 29% of detached houses are smaller than 41 PAY STREET, and 70% of houses are larger. Note that EPC data is not available for all properties in Densole.

41 PAY STREET: Plot and Title Map

41 PAY STREET sits on a plot of roughly 0.158 of an acre, or 637m². The below map shows the location of 41 PAY STREET, 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 41 PAY STREET). 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 41 PAY STREET?

41 PAY STREET is located in DENSOLE, in the CT18 postcode district. The below map shows the position of No. 41 on PAY STREET.