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
43 PALMBEACH AVENUE is a very small extended detached house of 65m², built sometime between 1950 and 1966. It was last sold for £190,000 in June 2011, which was around 31% below the average June 2011 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 43 PALMBEACH AVENUE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the five 43 PALMBEACH AVENUE 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 |
---|---|---|---|
2011 10 JUN | £190,000 | £275,420 | 31% below HPI |
2007 14 DEC | £235,000 | £314,174 | 25% below HPI |
2005 21 JAN | £166,000 | £263,684 | 37% below HPI |
2003 25 JUL | £170,000 | £227,472 | 25% below HPI |
2000 4 FEB | £87,500 | £121,739 | 28% below HPI |
The below graph shows the average detached house price in the Folkestone and Hythe local authority area over time, sourced from the HPI. The five 43 PALMBEACH AVENUE sales between February 2000 and June 2011 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 December 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2011 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
43 PALMBEACH AVENUE is 65m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses in Hythe, based on EPC data. The below chart shows the distribution of detached houses by size in Hythe, and where 43 PALMBEACH AVENUE lies on this distribution: 4% of detached houses are smaller than 43 PALMBEACH AVENUE, and 96% of houses are larger. Note that EPC data is not available for all properties in Hythe.
43 PALMBEACH AVENUE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 43 PALMBEACH AVENUE, 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 43 PALMBEACH AVENUE). 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.
43 PALMBEACH AVENUE is located in HYTHE, in the CT21 postcode district. The below map shows the position of No. 43 on PALMBEACH AVENUE.