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
45 ALDER ROAD is a large extended detached house of 163m², built sometime between 1930 and 1949. It was last sold for £470,000 in July 2018, which was around 13% above the average July 2018 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 45 ALDER ROAD since 1st 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 45 ALDER ROAD sales was for above the average price, whilst the other was 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 24 JUL | £470,000 | £417,598 | 13% above HPI |
2007 29 NOV | £295,000 | £310,774 | 5% 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 two 45 ALDER ROAD sales from November 2007 and July 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 November 2007 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2018 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.
45 ALDER ROAD is 163m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the largest 40% of detached houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses by size in Folkestone, and where 45 ALDER ROAD lies on this distribution: 65% of detached houses are smaller than 45 ALDER ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Folkestone.
45 ALDER ROAD sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 45 ALDER 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 45 ALDER 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.
45 ALDER ROAD is located in FOLKESTONE, in the CT19 postcode district. The below map shows the position of No. 45 on ALDER ROAD.