62, WEAR BAY ROAD, FOLKESTONE, CT19 6PU - £495,000

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

62 WEAR BAY ROAD is a very large extended detached house of 199m², built sometime between 1950 and 1966. It was last sold for £495,000 in May 2019, which was around 21% above the average May 2019 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was May 2024, where the current energy rating was B, and the potential energy rating was B.

62 WEAR BAY ROAD Sold Prices

Land registry data shows two sales for 62 WEAR BAY ROAD 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 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
2019 7 MAY	£495,000	£407,483	21% above HPI
2013 18 SEP	£430,000	£286,708	50% above HPI

62 WEAR BAY 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 two 62 WEAR BAY ROAD sales from September 2013 and May 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 September 2013 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the May 2019 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 62 WEAR BAY ROAD?

62 WEAR BAY ROAD is 199m², which includes three extensions, according to the EPC inspection conducted in May 2024. This puts it in the largest 20% 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 WEAR BAY ROAD lies on this distribution: 81% of detached houses are smaller than 62 WEAR BAY ROAD, and 19% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

62 WEAR BAY ROAD: Plot and Title Map

62 WEAR BAY ROAD sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 62 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 62 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.

Where is 62 WEAR BAY ROAD?

62 WEAR BAY ROAD is located in FOLKESTONE, in the CT19 postcode district. The below map shows the position of No. 62 on WEAR BAY ROAD.