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
54 WEAR BAY ROAD is a large extended detached house of 152m², built sometime between 1950 and 1966. It was last sold for £525,000 in September 2015, which was around 54% above the average September 2015 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 54 WEAR BAY ROAD 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 54 WEAR BAY ROAD 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 |
---|---|---|---|
2015 4 SEP | £525,000 | £340,522 | 54% above HPI |
2006 29 NOV | £337,500 | £283,077 | 19% above HPI |
2002 25 JUN | £230,000 | £176,283 | 30% 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 54 WEAR BAY ROAD sales between June 2002 and September 2015 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 2006 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the September 2015 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.
54 WEAR BAY ROAD is 152m², which includes two extensions, according to the EPC inspection conducted in August 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 54 WEAR BAY ROAD lies on this distribution: 60% of detached houses are smaller than 54 WEAR BAY ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Folkestone.
54 WEAR BAY ROAD sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 54 WEAR BAY 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 WEAR BAY 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.
54 WEAR BAY ROAD is located in FOLKESTONE, in the CT19 postcode district. The below map shows the position of No. 54 on WEAR BAY ROAD.