5, PARK CLOSE, HAWKINGE, FOLKESTONE, CT18 7QD - £385,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 PARK CLOSE is a small extended detached house of 95m², built sometime between 1996 and 2002. It was last sold for £385,000 in August 2023, which was around 27% below the average August 2023 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

5 PARK CLOSE Sold Prices

Land registry data shows two sales for 5 PARK CLOSE 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 5 PARK CLOSE 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
2023 1 AUG	£385,000	£530,369	27% below HPI
2001 5 MAR	£120,000	£136,847	12% below HPI

5 PARK CLOSE 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 5 PARK CLOSE sales from March 2001 and August 2023 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 March 2001 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 5 PARK CLOSE?

5 PARK CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 30% of detached houses in Hawkinge, based on EPC data. The below chart shows the distribution of detached houses by size in Hawkinge, and where 5 PARK CLOSE lies on this distribution: 20% of detached houses are smaller than 5 PARK CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Hawkinge.

5 PARK CLOSE: Plot and Title Map

5 PARK CLOSE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 5 PARK CLOSE, 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 5 PARK CLOSE). 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 5 PARK CLOSE?

5 PARK CLOSE is located in HAWKINGE, in the CT18 postcode district. The below map shows the position of No. 5 on PARK CLOSE.