42, FOLKS WOOD WAY, LYMPNE, HYTHE, CT21 4EW - £395,000

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.

42 FOLKS WOOD WAY is a large extended detached house of 122m², built sometime between 1996 and 2002, which could now be worth an estimated £508,617. It was last sold for £395,000 in October 2017, which was around 4% below the average October 2017 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

42 FOLKS WOOD WAY Sold Prices

Land registry data shows two sales for 42 FOLKS WOOD WAY 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. One of the two 42 FOLKS WOOD WAY sales was for below the average price, whilst the other 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
2017 18 OCT	£395,000	£409,916	4% below HPI
2001 12 OCT	£185,000	£158,358	17% above HPI

42 FOLKS WOOD WAY 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 42 FOLKS WOOD WAY sales from October 2001 and October 2017 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 2001 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2017 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 42 FOLKS WOOD WAY be worth now?

42 FOLKS WOOD WAY might now be worth an estimated £508,617.

This is based on house price inflation of 28.8%, between October 2017 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 28.8% inflationary increase is applied to the most recent sale price for 42 FOLKS WOOD WAY of £395,000 on 18th October 2017. For the value to have increased from £395,000 to £508,617 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 42 FOLKS WOOD WAY has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The October 2017 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 42 FOLKS WOOD WAY has not materially changed since October 2017.

How Large is 42 FOLKS WOOD WAY?

42 FOLKS WOOD WAY is 122m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the largest 40% of detached houses houses in Lympne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lympne, and where 42 FOLKS WOOD WAY lies on this distribution: 63% of detached houses houses are smaller than 42 FOLKS WOOD WAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Lympne.

42 FOLKS WOOD WAY: Plot and Title Map

42 FOLKS WOOD WAY sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 42 FOLKS WOOD WAY, 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 42 FOLKS WOOD WAY). 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 42 FOLKS WOOD WAY?

42 FOLKS WOOD WAY is located in LYMPNE, in the CT21 postcode district. The below map shows the position of No. 42 on FOLKS WOOD WAY.