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
5 PAVILION MEWS is a midsized extended terraced house of 144m², built sometime between 2003 and 2006. It was last sold for £210,000 in September 2021, which was around 55% below the average September 2021 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 5 PAVILION MEWS since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. Two of the three 5 PAVILION MEWS sales were for below the average price, whilst one 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 |
---|---|---|---|
2021 30 SEP | £210,000 | £467,716 | 55% below HPI |
2004 16 AUG | £270,000 | £262,540 | 3% above HPI |
2002 22 AUG | £170,000 | £192,926 | 12% 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 three 5 PAVILION MEWS sales between August 2002 and September 2021 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 August 2004 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2021 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.
5 PAVILION MEWS is 144m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the largest 50% of detached houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses by size in Folkestone, and where 5 PAVILION MEWS lies on this distribution: 56% of detached houses are smaller than 5 PAVILION MEWS, and 43% of houses are larger. Note that EPC data is not available for all properties in Folkestone.
5 PAVILION MEWS sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 5 PAVILION MEWS, 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 PAVILION MEWS). 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.
5 PAVILION MEWS is located in FOLKESTONE, in the CT19 postcode district. The below map shows the position of No. 5 on PAVILION MEWS.