Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources
50 LOWER CORNICHE is a large detached house of 152m², built sometime between 2003 and 2006. It was last sold for £470,000 in June 2013, which was around 68% above the average June 2013 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 50 LOWER CORNICHE 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. All of the three 50 LOWER CORNICHE sales were 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 |
---|---|---|---|
2013 20 JUN | £470,000 | £279,329 | 68% above HPI |
2006 15 JUN | £517,328 | £274,114 | 89% above HPI |
2005 4 MAR | £482,679 | £263,415 | 83% above 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 50 LOWER CORNICHE sales between March 2005 and June 2013 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 June 2006 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the June 2013 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.
50 LOWER CORNICHE is 152m² according to the EPC inspection conducted in March 2012. 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 50 LOWER CORNICHE lies on this distribution: 60% of detached houses are smaller than 50 LOWER CORNICHE, and 40% of houses are larger. Note that EPC data is not available for all properties in Folkestone.
50 LOWER CORNICHE sits on a plot of roughly 1.9 acres, or 7,824m². The below map shows the location of 50 LOWER CORNICHE, 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 50 LOWER CORNICHE). 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.
50 LOWER CORNICHE is located in HYTHE, in the CT21 postcode district. The below map shows the position of No. 50 on LOWER CORNICHE.