62, CHERRY GARDEN LANE, FOLKESTONE, CT19 4AP - £350,000

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

62 CHERRY GARDEN LANE is a small extended detached house of 116m², built sometime between 1950 and 1966. It was last sold for £350,000 in April 2017, which was around 8% below the average April 2017 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was C.

62 CHERRY GARDEN LANE Sold Prices

Land registry data shows two sales for 62 CHERRY GARDEN LANE 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 62 CHERRY GARDEN LANE 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
2017 13 APR	£350,000	£381,449	8% below HPI
2011 4 FEB	£257,500	£274,764	6% below HPI

62 CHERRY GARDEN LANE 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 62 CHERRY GARDEN LANE sales from February 2011 and April 2017 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 February 2011 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the April 2017 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 62 CHERRY GARDEN LANE?

62 CHERRY GARDEN LANE is 116m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the smallest 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 62 CHERRY GARDEN LANE lies on this distribution: 38% of detached houses are smaller than 62 CHERRY GARDEN LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

62 CHERRY GARDEN LANE: Plot and Title Map

62 CHERRY GARDEN LANE sits on a plot of roughly 0.265 of an acre, or 1,072m². The below map shows the location of 62 CHERRY GARDEN LANE, 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 62 CHERRY GARDEN LANE). 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 62 CHERRY GARDEN LANE?

62 CHERRY GARDEN LANE is located in FOLKESTONE, in the CT19 postcode district. The below map shows the position of No. 62 on CHERRY GARDEN LANE.