54, PHILLIP ROAD, FOLKESTONE, CT19 4PZ - £247,000

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

54 PHILLIP ROAD is a very small detached house of 70m², built sometime between 1930 and 1949. It was last sold for £247,000 in February 2019, which was around 42% below the average February 2019 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

54 PHILLIP ROAD Sold Prices

Land registry data shows three sales for 54 PHILLIP ROAD since 1^st 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 54 PHILLIP ROAD 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
2019 18 FEB	£247,000	£429,383	42% below HPI
2011 31 MAR	£173,000	£271,603	36% below HPI
2009 18 DEC	£155,000	£271,279	43% below HPI

54 PHILLIP ROAD 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 three 54 PHILLIP ROAD sales between December 2009 and February 2019 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 2011 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2019 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 54 PHILLIP ROAD?

54 PHILLIP ROAD is 70m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of detached houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses by size in Folkestone, and where 54 PHILLIP ROAD lies on this distribution: 9% of detached houses are smaller than 54 PHILLIP ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

54 PHILLIP ROAD: Plot and Title Map

54 PHILLIP ROAD sits on a plot of roughly 0.068 of an acre, or 273m². The below map shows the location of 54 PHILLIP 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 54 PHILLIP 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.

Where is 54 PHILLIP ROAD?

54 PHILLIP ROAD is located in FOLKESTONE, in the CT19 postcode district. The below map shows the position of No. 54 on PHILLIP ROAD.